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El Pilar, Estepona, located on the New Golden Mile and surrounded by many top golf courses in this sought after residential area. This three bedroom ground floor apartment boasts a spacious open plan and modern kitchen, bright living area leading onto a private terrace with glass curtains. From this terrace is a further sunny terrace with west orientation offering plenty of sunshine and direct access to the established and well maintained communal gardens and swimming pool area. Three bedrooms with two bathrooms, the apartment offers hot and cold air-conditioning throughout and private parking at the entrance.Wonderful location within just steps away from local amenities, bars and restaurants and just a 10 minute walk to the nearby sandy beaches. Well located to the charming town of Estepona and the bustling town of Marbella, both within a short drive to either side.
Property Features
- 3 bedrooms
- 2 bathrooms
- Swimming Pool
- Features - Fiber Optic
- Pool - Communal
- Condition - Excellent
- Features - Marble Flooring
- Climate Control - Hot A/C
- Features - Double Glazing
- Orientation - West
- Setting - Urbanisation
- Setting - Close To Schools
- Setting - Close To Town
- Setting - Close To Golf
- Features - WiFi
- Setting - Close To Sea
- Setting - Close To Shops
- Features - Private Terrace
- Features - Fitted Wardrobes
- Features - Near Transport
- Views - Garden
- Climate Control - Cold A/C
- Category - Resale
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
35,000€
Final Payment of 90% on completion
342,000€
Property Purchase Expenses
Property price
380,000€
Transfer tax 10%
38,000€
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.