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This partly renovated townhouse is situated in a tranquil enclosed urbanisation on the New Golden Mile At the entrance of the property is a private terrace, entering the house you find a new modern kitchen with a hatch, guest toilet, dining and living room which opens to a good sized terrace with space for a dining table, a couple of sun beds and a bbq From here is direct access to the pool and the communal gardens On the upper level are three bedrooms whereas one is ensuite with its own balcony overlooking the pool The second bedroom which enjoys beautiful mountain views share a full bathroom with the third bedroom On the roof are solar panels making the electricity costs extremley low There is the possibility to extend the living area building a basement, enlarge the kitchen and creating another floor on top of the existing upper level This a an excellent opportunity to invest in a home which is perfect for all year or holiday living, with only a couple of minutes drive to Aldi supermarket and other services A six minutes drive to the new Laguna Village luxury center, the beach and with easy road access going towards Málaga or Gibraltar!Townhouse, New Golden Mile, Costa del Sol3 Bedrooms, 3 Bathrooms, Built 102 m²Setting : Suburban, Close To Golf, Close To Shops, Close To Sea, Close To Town, Close To Schools, UrbanisationOrientation : SouthCondition : Recently RenovatedPool : CommunalClimate Control : Air ConditioningViews : Garden, PoolFeatures : Fitted Wardrobes, Private Terrace, Ensuite Bathroom, BarbequeFurniture : OptionalKitchen : Fully FittedGarden : CommunalSecurity : Gated ComplexParking : Open, Street, Communal, PrivateUtilities : Electricity, Photovoltaic solar panelsCategory : Cheap, Distressed, Investment, Resale
Property Features
- 3 bedrooms
- 3 bathrooms
- 102m² Build size
- Category - Cheap
- Category - Distressed
- Category - Investment
- Category - Resale
- Climate Control - Air Conditioning
- Condition - Recently Renovated
- Features - Barbeque
- Features - Ensuite Bathroom
- Features - Fitted Wardrobes
- Features - Private Terrace
- Furniture - Optional
- Garden - Communal
- Kitchen - Fully Fitted
- Orientation - South
- Parking - Communal
- Laundry Room
- Parking - Private
- Parking - Street
- Photovoltaic solar panels
- Pool - Communal
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
38,400€
Final Payment of 90% on completion
372,600€
Property Purchase Expenses
Property price
414,000€
Transfer tax 10%
41,400€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.