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Ref: R5133412
Property marketed by Early Bird Investments

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Royal Palms Mijas PHASE 4 offers luxury apartments and penthouses with resort facilities including pools, gyms, and tennis courts. The development is in a prime location with views over the Mediterranean Sea and close to Mijas golf course. The project is being developed with a modern design and high-quality standards by an esteemed developer with over 20 years of experience. Phases I, II, and III are already sold, and phase IV is already 50% sold out!
Property Features
- 2 bedrooms
- 2 bathrooms
- 82m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
62,900€
Final Payment of 90% on completion
593,100€
Property Purchase Expenses
Property price
659,000€
Transfer tax 10%
65,900€
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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Spanish Property News & Updates by Spain Property Portal.com
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.