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Ref: EFML9635M
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** Last units available **In Torremolinos there is a new promotion which combines a great symmetry and harmony in its design, both in its exterior, as well as its interior. It comprises 37 family homes with 2, 3 and 4 bedrooms, and 2 semi-detached single-family homes. Here you can enjoy the privacy and tranquillity of your new home with large terraces designed for every day of the year, exclusive common areas to share, storage rooms and parking spaces for both cars and motorcycles.Perfectly equipped properties with fitted kitchens, air conditioning with Airzone segmentation, fan heater, motorized blinds, etc. etc. You´ll be having all the comfort you need for you and your loved ones!The Common Areas of the residential complex have all the modern spaces for today´s life. Including a garden area, a multifunctional pool with a beach-type entrance, hammocks in the water and a swimming lane. There is also an outdoor children's play area, an outdoor fitness area and a fully equipped Kitchen area, an outdoor BBQ and a kitchen equipped with a refrigerator, ceramic hob and a bluetooth speaker installation for you and your friends to enjoy the outdoor life. Location couldn´t be better with some of the areas best beaches less than 10 minutes walk away. Benalmadena marina can also be reached in around 20 minutes walk. Malaga airport is a handy 20 minutes drive and the city of Malaga can be reached in around half an hour.
Property Features
- 2 bedrooms
- 2 bathrooms
- 88m² Build size
- 38m² Plot size
- Swimming Pool
- Category - Contemporary
- Category - Holiday Homes
- Category - Investment
- Category - Luxury
- Category - Off Plan
- Climate Control - Air Conditioning
- Climate Control - Cold A/C
- Climate Control - Hot A/C
- Condition - Excellent
- Condition - New Construction
- Features - Domotics
- Features - Double Glazing
- Features - Ensuite Bathroom
- Features - Fiber Optic
- Features - Fitted Wardrobes
- Features - Gym
- Features - Lift
- Features - Near Transport
- Features - Private Terrace
- Features - Solarium
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
56,500€
Final Payment of 90% on completion
535,500€
Property Purchase Expenses
Property price
595,000€
Transfer tax 10%
59,500€
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.