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Ref: EFML4604J
Property marketed by España Dream Properties

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This is an exclusive development located in Cancelada, one of the best areas of Estepona's New Golden Mile. The residential complex consists of 80 homes with 2 and 3 bedrooms, including duplexes, single-family ground floor apartments with gardens and/or spacious terraces, as well as penthouses with solariums. The homes come with storage rooms and garages, and the vast majority offer stunning views of the Mediterranean Sea.This well-established area is chosen every year by thousands of tourists who stay in luxury hotels such as the Kempinski Resort Hotel (one of the Leading Hotels of the World) or the fantastic Villa Padierna. Cancelada is also a key location for golf lovers, as it is surrounded by some of the most renowned golf courses in Andalusia: Flamingos Golf, Cancelada Club Golf, El Campanario Golf & Country House, Atalaya Golf & Country Club, among others. In addition, if horse riding is your passion, you'll find a paradise at the Costa del Sol Equestrian Art School, a center accredited by the British Horse Society.The development features a swimming pool, perfect for enjoying the more than 320 days of sunshine and good weather that the Costa del Sol offers, whether alone or with family. You'll also have access to a fully equipped indoor gym, outdoor sports area, a zen zone, and exclusive access to the Cancelada Club House
Property Features
- 3 bedrooms
- 2 bathrooms
- 92m² Build size
- 10m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
43,000€
Final Payment of 90% on completion
414,000€
Property Purchase Expenses
Property price
460,000€
Transfer tax 10%
46,000€
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.