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Ref: CDSS-36477
Property marketed by Stratus International Properties
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NEW BUILD RESIDENTIAL COMPLEX IN TORREMOLINOS New Build exclusive spectacular residential complex located in La Cizaña, a privileged beachfront location in Torremolinos. Four buildings with great architectural value with homes of 1, 2, 3 and 4 bedrooms with garage and storage room . The development has large garden areas, heated outdoor and indoor pool and children's area. Each of the spaces of the houses, both interior and exterior, allow you to enjoy the feeling of living near the sea. Complex is directly connected to the International Airport and the Port of the capital and a few minutes from the center of Malaga.
Property Features
- 2 bedrooms
- 2 bathrooms
- 110m² Build size
- Communal Pool
- Gated
- Number of Parking Spaces: 1
- Views: Sea
- Near Schools
- Near Commercial Center
- Location: Coastal, Urbanisation
- Air Conditioning: Pre-Installed
- Elevator/Lift
- Double Bedrooms: 2
- Beach: 150 Meters
- Terrace: 12 Msq.
- First Line to the Sea
- Useable Build Space: 84 Msq.
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
67,300€
Final Payment of 90% on completion
632,700€
Property Purchase Expenses
Property price
703,000€
Transfer tax 10%
70,300€
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.
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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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