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Ref: EFML6824K
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**Key Ready - Last 5 units available**This incredible new development is located in the privileged area of El Higuerón, Fuengirola. An excellent location: just 350 meters from El Carvajal beach; very close to a wide range of services and leisure and only 20 minutes from Malaga Airport. This new development has a total of 60 homes with sea views, southwest orientation. and with different types to choose from: apartments with: 2 bedrooms and 2 bathrooms; apartments with 3 bedrooms and 2 bathrooms; and apartments with 3 bedrooms and 3 bathrooms. All with two parking spaces and storage room included in the price. The incredible common areas of the residential will not leave you disappointed, thanks to its more than 8,000 square meters that include: heated swimming pool for adults, children's pool, heated jacuzzi, equipped gym, co-working room and community Wi-Fi, Strategically located in the heart of the Costa del sol both Malaga city and airport can easily be reached by train which is a five minute walk away. The world famous Marbella is also close at around half an hours drive away.
Property Features
- 2 bedrooms
- 2 bathrooms
- 84m² Build size
- 26m² Plot size
- Swimming Pool
- Category - Contemporary
- Category - Investment
- Category - Luxury
- Category - New Development
- Climate Control - Air Conditioning
- Climate Control - U/F Heating
- Condition - Excellent
- Condition - New Construction
- Features - Double Glazing
- Features - Ensuite Bathroom
- Features - Fiber Optic
- Features - Fitted Wardrobes
- Features - Gym
- Features - Jacuzzi
- Features - Lift
- Features - Near Transport
- Features - Private Terrace
- Features - Satellite TV
- Features - Storage Room
- Garden - Communal
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
54,000€
Final Payment of 90% on completion
513,000€
Property Purchase Expenses
Property price
570,000€
Transfer tax 10%
57,000€
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.