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Benamara, Estepona. This cosy one bedroom apartment is located within a well established community with extensive mature gardens and large swimming pool area. Just a few minutes walk to the wonderful sandy beaches and surrounded by a vast array of local amenities, restaurants and bars. Many top golf courses are also within easy reach.Ground floor apartment with large private terrace, cosy living and dining area with open plan fully fitted kitchen, one bedroom with en-suite bathroom, fully fitted wardrobes and hot and cold air-conditioning throughout. Private communal parking space is also included.Well located with Marbella and Estepona just a short 10 minute drive either side. Ideal investment and reform opportunity for holiday rentals or permanent living.
Property Features
- 1 bedroom
- 1 bathroom
- Swimming Pool
- Features - Private Terrace
- Features - Near Transport
- Climate Control - Hot A/C
- Climate Control - Cold A/C
- Features - Fitted Wardrobes
- Pool - Communal
- Condition - Good
- Security - Entry Phone
- Parking - Communal
- Parking - Private
- Category - Beachfront
- Category - Holiday Homes
- Garden - Communal
- Security - Gated Complex
- Kitchen - Fully Fitted
- Setting - Urbanisation
- Setting - Close To Forest
- Setting - Close To Schools
- Setting - Close To Town
- Setting - Close To Sea
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
24,500€
Final Payment of 90% on completion
247,500€
Property Purchase Expenses
Property price
275,000€
Transfer tax 10%
27,500€
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.