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Los Flamingos, New Golden Mile. Fully renovated two bedroom apartment located within this exclusive gated urbanisation, close to the famous Villa Padierna hotel and surrounded by many top golf courses.This wonderful south facing apartment boasts afternoon sunshine and from its elevated position offers spectacular sea views. Two generously sized bedrooms, with en-suite bathroom from the master bedroom, fully fitted wardrobes, modern fully fitted kitchen and open living area leading onto a spacious terrace with glass curtains.. Hot and cold air-conditioning throughout.Set within a beautiful urbanisation with lush tropical gardens, 5 communal swimming pools, paddle tennis, putting green, children's play area and 24 hour security. Just a short drive to the many local amenities, restaurants and bars and just a 10 minute drive to Estepona town centre itself. Two underground parking and store room also included.
Property Features
- 2 bedrooms
- 2 bathrooms
- Swimming Pool
- Climate Control - Hot A/C
- Pool - Communal
- Orientation - South
- Condition - Excellent
- Setting - Urbanisation
- Setting - Close To Schools
- Orientation - West
- Features - Paddle Tennis
- Security - Electric Blinds
- Security - Gated Complex
- Garden - Communal
- Features - WiFi
- Features - Private Terrace
- Features - Lift
- Features - Fitted Wardrobes
- Views - Pool
- Views - Garden
- Climate Control - Central Heating
- Climate Control - Cold A/C
- Kitchen - Fully Fitted
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
56,900€
Final Payment of 90% on completion
539,100€
Property Purchase Expenses
Property price
599,000€
Transfer tax 10%
59,900€
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.