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Ref: MLSC9485416
Property marketed by The Property Group
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Nueva Andalucía, within the heart of the golf valley, this spacious three bedroom apartment is within walking distance to many local amenities and restaurants and just a short drive to Puerto Banus marina with its many designer shops and restaurants and also the charming town of San Pedro Alcantara with its wide sandy beachesSet within a well established residential community with wonderful tropical gardens and swimming pool area, this spacious apartment has been fully reformed to include three spacious bedrooms, master bedroom includes en-suite bathroom and a large walk in wardrobe, two further bedrooms and a further family bathroom, modern living and dining area and fully reformed kitchen and bathrooms South facing terrace offering lovely views towards the communal gardensWonderful opportunity for permanent living or holiday use
Property Features
- 3 bedrooms
- 2 bathrooms
- 100m² Build size
- Panoramic Views
- Climate Control - Cold A/C
- Climate Control - Hot A/C
- Condition - Excellent
- Features - Double Glazing
- Features - Ensuite Bathroom
- Features - Fiber Optic
- Features - Fitted Wardrobes
- Features - Lift
- Features - Marble Flooring
- Features - Near Transport
- Features - Private Terrace
- Features - Utility Room
- Features - WiFi
- Furniture - Fully Furnished
- Garden - Communal
- Kitchen - Fully Fitted
- Orientation - South
- Parking - Underground
- Pool - Communal
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
42,000€
Final Payment of 90% on completion
405,000€
Property Purchase Expenses
Property price
450,000€
Transfer tax 10%
45,000€
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.