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Ref: CSP-A1293
Property marketed by Crystal Shore Properties
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Fantastic apartment fully renovated offering a spacious accommodation comprising of two double bedrooms with two bathrooms, a large living room with dining area, a fully equipped open plan kitchen and covered terrace. The master bedroom boasts a large en suite with fitted wardrobes and access to the terrace. Other features include gas central heating and air conditioning throughout. Within this gated complex is a secure underground parking space accessed via a lift, and several communal swimming pools surrounded by tropical mature gardens. Walking distance to a luxury hotel, Guadalmina golf course, Guadalmina commercial centre, San Pedro town, tennis and paddle courts and water ski.
Property Features
- 2 bedrooms
- 2 bathrooms
- 114m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
26,900€
Final Payment of 90% on completion
269,100€
Property Purchase Expenses
Property price
299,000€
Transfer tax 10%
29,900€
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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Spanish Property News & Updates by Spain Property Portal.com
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.