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Ref: R4331026
Property marketed by Spanish Legal Homes
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This magnificent development, located 5 minutes from the center of Estepona and La Rada beach, is perfect for those looking for a permanent or second home by the sea and definitely for those who are looking at making a profitable investment. it is a residential complex with the highest standards of architecture, energy saving and sustainability, which also has privileged common areas such as its gardens, its two swimming pools, the children's play area, the barbecue area or the coworking space.This two bedrooms apartment has been designed to make the most of the outside light. The kitchen and the living room are combined to create the most dynamic space in the home, the daylight and the breeze flow freely through light and bright interiors. it includes an underground parking.R4331026
Property Features
- 2 bedrooms
- 2 bathrooms
- 114m² Build size
- Amenities near
- Transport near
- Air conditioning
- Fully fitted kitchen
- Gym
- Brand new
- Barbeque
- Covered terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
35,200€
Final Payment of 90% on completion
343,800€
Property Purchase Expenses
Property price
382,000€
Transfer tax 10%
38,200€
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.