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Unique penthouse in the beautiful and sought after Andalusian-style urbanisation Puebla Lucia, in the heart of Fuengirola. As you enter the property you will immediately notice the light in the hallway and living room entering through various windows and doors. This property consists of four bedrooms with build-in wardrobes, two bathrooms, a fully fitted kitchen and a generous dining and living area with a fire place. The living room has various windows and sliding doors leading to the terraces. There are two spacious terraces, one of them has a south-east orientation, ideal for having breakfast. From the other terrace you can enjoy the afternoon and evening sun and panoramic views to the town, the sea and the mountains. As a property owner you have access to three communal Mediterranean gardens and swimming pools. The urbanisation is gated and provides parking space for the owners. Puebla Lucia is just a few minutes walk to the wonderful beach, the port, the train station and the town center of Fuengirola. Restaurants, shops and supermarkets are at your doorstep. This property is ideal for permanent living in the Costa del Sol or as a holiday home with an excellent rental potential. Absolutely fantastic opportunity!!!
Property Features
- 4 bedrooms
- 2 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
142,000€
Final Payment of 90% on completion
1,305,000€
Property Purchase Expenses
Property price
1,450,000€
Transfer tax 10%
145,000€
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.