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Penthouses for sale in El Chaparral, Mijas Costa, consisting of a lounge, 4 bedrooms, 3 bathrooms, an American kitchen and a terrace of 162m2. Garage. Storage room. 3 Communal outdoor pools, 1 communal indoor heated pool, paddle tennis court, putting green and gardens. Sea views. Tranquil area. Near a golf course.
Property Features
- 4 bedrooms
- 3 bathrooms
- 274m² Build size
- Swimming Pool
- quiet location
- fitted kitchen
- kitchenette
- community garden
- garden
- terrace
- garage
- underground parking
- communal pool
- lift
- unfurnished
- paddle tennis
- sea views
- sports facilities
- putting green
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
67,610€
Final Payment of 90% on completion
635,490€
Property Purchase Expenses
Property price
706,100€
Transfer tax 10%
70,610€
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.