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Property marketed by The Property Group
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This penthouse offers a sophisticated take on contemporary living in the secure and stylish enclave of Atalaya de Río Verde, one of Nueva Andalucía's most refined residential areas This luxurious duplex penthouse for sale spans two spacious floors and presents a layout of three generous bedrooms and two sleek, modern bathrooms With a built area of 172 square meters, it combines interior comfort with extensive outdoor living options, all designed to take full advantage of its privileged setting Constructed with precision and a focus on high-end materials, this residence reflects both aesthetic harmony and practical elegance The interior showcases a Scandinavian-inspired design ethos that is both calming and functional The kitchen, outfitted with premium Siemens appliances, sits at the heart of the home, enabling effortless flow into the open-plan dining and living areas Double-glazed windows and energy-efficient installations ensure the penthouse remains a peaceful and climate-conscious retreat Outdoor areas are equally compelling The terraces are designed to maximise enjoyment of the local climate and views from the top terraces are truly breathtaking From multiple vantage points, residents can gaze over the manicured golf courses, a tranquil communal pool, and the dramatic backdrop of La Concha mountain These terraces are ideal for everything from morning coffee to evening gatherings, merging natural beauty with daily life Importantly, this penthouse also stands out as an exceptional investment opportunity Its highly desirable location, contemporary design, spacious layout, and outdoor entertaining areas make it perfectly suited for high-end rental purposes, whether for short-term holiday lets or long-term tenants seeking luxury coastal living The turnkey nature of the home, combined with strong year-round demand in the area, ensures excellent rental yield potential
Property Features
- 3 bedrooms
- 2 bathrooms
- 172m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
92,000€
Final Payment of 90% on completion
855,000€
Property Purchase Expenses
Property price
950,000€
Transfer tax 10%
95,000€
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.