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Property marketed by David Santiago Inmobiliaria

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Exclusive villa for sale on the beachfront. Live the experience of living by the sea in one of the best areas of the Malaga coast Fantastic semi-detached villa on the beachfront in a private residential with a communal pool. The villa is composed of 2 floors. The main floor is distributed in an independent kitchen, living-dining room with access to another large dining room and exit to the pool and toilet. Community: 161€/month The first floor consists of 3 bedrooms, the main one with an en-suite bathroom and a second bathroom. In compliance with Decree 218/2005, of 11 October, which approves the Regulation on Consumer Information in the sale and lease of homes in Andalusia, customers are informed that the notary and registry expenses and taxes that are applicable to them (ITP or VAT + AJD) and other expenses inherent to the sale are not included in the price. The price does include property management fees. The consumer has the right to be given a copy of the corresponding abbreviated information document of the home. The information provided is indicative and is not binding, it has no contractual value. Such information may have undergone modifications that have not yet been incorporated
Property Features
- 3 bedrooms
- 2 bathrooms
- 170m² Build size
- Swimming Pool
- Furnished : No
- Swimming pool : Yes
- Sun/facing : West
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
49,000€
Final Payment of 90% on completion
468,000€
Property Purchase Expenses
Property price
520,000€
Transfer tax 10%
52,000€
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.