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Ref: 428-04394ND
Property marketed by Selection Med

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This brand new development will offer the residents a range of amenities set within a gated complex on the hills above the popular village of Cancelada, which is situated to the east of the famous town of Estepona.
This off-plan 3 bedroom apartment will feature fully fitted kitchens, and an open plan lounge and dining room area, with access to the spacious terrace, with panoramic views. The apartment comes with a storeroom and parking space included in the price, and the community will offer a swimming pool, set in landscaped gardens.
Also available to the residents will be relaxation areas within the gated community, including a community lounge, a spa and a gymnasium.
Contact us now to book an appointment with the sales office to reserve you new home in the sun….
This off-plan 3 bedroom apartment will feature fully fitted kitchens, and an open plan lounge and dining room area, with access to the spacious terrace, with panoramic views. The apartment comes with a storeroom and parking space included in the price, and the community will offer a swimming pool, set in landscaped gardens.
Also available to the residents will be relaxation areas within the gated community, including a community lounge, a spa and a gymnasium.
Contact us now to book an appointment with the sales office to reserve you new home in the sun….
Property Features
- 3 bedrooms
- 2 bathrooms
- 103m² Build size
- Swimming Pool
- South-east orientation
- 54 m² terrace
- Communal garage
- Communal garden
- Communal pool
- Mountainside
- Air conditioning
- Fully fitted kitchen
- Storage room
- Gym
- Security entrance
- Double glazing
- Brand new
- Private terrace
- Sea view
- Covered terrace
- Gated community
- Lift
- Glass Doors
- SPA
- Urban view
- Saltwater swimming pool
- Close to shops
- Porcelain floors
- Aerothermics
- Mains electricity supply
- Mains water supply
- Close to restaurants
- Co-working space
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
69,000€
Final Payment of 90% on completion
648,000€
Property Purchase Expenses
Property price
720,000€
Transfer tax 10%
72,000€
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.