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Ref: CSP-ND1060
Property marketed by Crystal Shore Properties
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Without doubt one of the best new developments under construction next to Estepona´s Port! Consisting of high-quality homes with excellent views of the sea and mountains views, parking spaces and storage rooms. There are 1, 2 and 3 bedroom apartments with terraces. All the distributions are designed in detail to enjoy a comfortable and adapted life. To offer you maximum comfort, the apartments have air conditioning to regulate the temperature to your liking in each room and kitchen. This new complex is located in a privileged and quiet area, fully consolidated, with all the necessary services such as supermarkets, pharmacies, bars, restaurants, sports areas and parks, and the beach.
Property Features
- 3 bedrooms
- 2 bathrooms
- 68m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,300€
Final Payment of 90% on completion
155,700€
Property Purchase Expenses
Property price
173,000€
Transfer tax 10%
17,300€
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.