1 bedroom Apartment for sale in Torre del Mar, Málaga, Spain

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Ref: A678

Property marketed by David Santiago Inmobiliaria

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Exclusive development located in Torre del Mar, just 300 meters from the sea. 126 homes with 1, 2 and 3 bedrooms. Natural light is guaranteed thanks to the large glazing throughout the house providing them with the long-awaited Mediterranean micro-climate. In addition, its spectacular terraces will give you the best views of the Costa del Sol. Air conditioning and generation of DHW by aerothermy. Acoustic and thermal insulation according to the highest standards. Kitchens fully furnished and equipped with top quality appliances. Car parks prepared for the installation of systems for the recharging of electric vehicles. Swimming pool with efficient saline chlorination. Swimming pools and private gardens according to type of housing. Well maintained and large outdoor garden areas. Maximum accessibility with elevators on all floors including descent to basement. Parking and storage rooms in the basement. Video intercom.

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Property Features

1 bedroom
1 bathroom
74m² Build size
Garden : Yes

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

15,300€

Final Payment of 90% on completion

164,700€

Property Purchase Expenses

Property price

183,000€

Transfer tax 10%

18,300€

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.

Mortgage Calculator

Mortgage Amount:

183,000€

Deposit:

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Interest Rate:

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Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.