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Ref: CSP-PH500
Property marketed by Crystal Shore Properties
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A perfectly located duplex penthouse within walking distance to all amenities, including renowned La Sala restaurant, Centro Plaza, world famous Puerto Banus and the beach. On entrance level is a large living room with fireplace, dining room, a modern fully equipped designer kitchen, guest bedroom, guest bathroom and leading off the living room is a sunny al fresco terrace enjoying views of the famous La Concha mountain range. On the second level area two bedrooms and one bathroom. Residents can enjoy a communal swimming pool surrounded by mature landscaped gardens within a gated complex.
Property Features
- 3 bedrooms
- 2 bathrooms
- 80m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
36,500€
Final Payment of 90% on completion
355,500€
Property Purchase Expenses
Property price
395,000€
Transfer tax 10%
39,500€
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.