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Elegant and ultra-modern, Malibu is a Grand Luxury development located at only a few minutes' walk from the famous Puerto Banús and the exclusive Guadalpin Banús 5* Hotel. Beachfront positioned, Malibu features the most advanced security measures and it stands on an extensive plot with 2 large swimming pools surrounded by beautiful lush gardens and a vast solarium with splendid sea views. Perfect location, contemporary design and stunning sea views from all its apartments are the advantages which have made Malibu one of the most esteemed Grand Luxury urbanisations in Spain.
Property Features
- 2 bedrooms
- 2 bathrooms
- 159m² Build size
- Swimming Pool
Costing Breakdown
* 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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* 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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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.