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Ref: MLSC4994669
Property marketed by The Property Group
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MAGNIFICENT BEACHFRONT APARTMENT IN THE CENTER OF ESTEPONALocated on Estepona's seafront promenade, which forms part of the coastal path that connects the entire Costa del Sol, this property enjoys the luxury of living right on the seafront and having all kinds of services just steps away, with a wide variety of restaurants, supermarkets, shops, and leisure activities just minutes from the apartment Malaga Airport is 80 km away and Gibraltar Airport is 50 km away, and it is well connected to the national highway and the motorway This apartment features a spacious south-facing private terrace with panoramic views of the sea and Gibraltar, a living-dining room with a fireplace and access to the terrace, a fully equipped open-plan kitchen, a large master bedroom with a built-in wardrobe and access to the terrace, and a full bathroom equipped with a bathtub The property also boasts a communal pool on the building's solarium where you can enjoy a swim while admiring the magnificent views of the Mediterranean WE RECOMMEND YOUR VISIT!!
Property Features
- 1 bedroom
- 1 bathroom
- 73m² Build size
- Category - Holiday Homes
- Category - Investment
- Category - Resale
- Terrace: Yes
- Climate Control - Fireplace
- Condition - Excellent
- Condition - Good
- Features - Fitted Wardrobes
- Features - Lift
- Features - Marble Flooring
- Features - Near Transport
- Features - Private Terrace
- Features - WiFi
- Furniture - Optional
- Orientation - South
- Pool - Communal
- Security - Entry Phone
- Security - Gated Complex
- Setting - Beachfront
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
47,500€
Final Payment of 90% on completion
454,500€
Property Purchase Expenses
Property price
505,000€
Transfer tax 10%
50,500€
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.