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Ref: CSP-A1309
Property marketed by Crystal Shore Properties
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Luxurious ground floor apartment situated in the exclusive gated community Elviria Hills, with easy access to all amenities and surrounded by immaculate landscaped gardens and various swimming pools. The bright high quality apartment designed for a comfortable lifestyle offers 3 double bedrooms with built in wardrobes, 3 bathrooms with underfloor heating, fully fitted kitchen and spacious lounge-dining area which leads to the south facing terrace with sea views. Elviria Hills is one of the most demanded residential areas in Elviria as it offers additional services such as sports facilities, Driving Range and Academic of Golf, two tennis courts and a Gym, there is also a Club House and restaurant El Lago with a Michelin star. Set in a peaceful location yet within a 5 minute drive to all the services such as restaurants, supermarkets, shops and the marvellous sandy beaches. Underground parking and storeroom included.
Property Features
- 3 bedrooms
- 3 bathrooms
- 151m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
58,000€
Final Payment of 90% on completion
549,000€
Property Purchase Expenses
Property price
610,000€
Transfer tax 10%
61,000€
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.