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Ref: EFML9631S
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An exclusive development located in Cancelada, one of the best areas of the New Golden Mile of Estepona. The residential complex has 82 homes distributed over 4 floors, mostly duplexes, with 2 and 3 bedrooms, terraces and / or gardens, as well as penthouses with solariums. All homes will have a storage room & garage. In the vast majority of the properties you can enjoy wonderful views of the Mediterranean Sea.The homes are designed to offer you everything you need. On the ground floor you will have a garden and cellar and in the penthouses you will enjoy spectacular and spacious terraces and a solarium on the top floor. One of the most relevant aspects of the complex is its architectural layout and its orientation as it ensures that most of the homes have unobstructed views of the sea, even on the ground floor since some are duplex.Double AA energy rating.The promotion has a swimming pool, ideal for enjoying the more than 320 days of sun and good weather that the Costa del Sol offers both alone and with the family. You will also have access to an equipped indoor gym, outdoor sports area, 2 bowling courts and the exclusive Cancelada Club House.This consolidated area is chosen every year by thousands of tourists who stay in luxurious 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 point for golf lovers, since nearby are some of the most important courses in Andalusia: Flamingos Golf, Cancelada Club Golf, El Campanario Golf & Country House, Atalaya Golf & Country Club among others. Also, if your passion is horse riding, you will find paradise at the Costa del Sol Equestrian Art School, a center approved by the British Horse Society.
Property Features
- 3 bedrooms
- 2 bathrooms
- 134m² Build size
- 22m² Plot size
- Swimming Pool
- Category - Contemporary
- Category - Holiday Homes
- Category - Investment
- Category - Off Plan
- Climate Control - Air Conditioning
- Climate Control - Cold A/C
- Climate Control - Hot A/C
- Condition - Excellent
- Condition - New Construction
- Features - Double Glazing
- Features - Ensuite Bathroom
- Features - Fiber Optic
- Features - Fitted Wardrobes
- Features - Gym
- Features - Lift
- Features - Private Terrace
- Features - Storage Room
- Garden - Communal
- Garden - Landscaped
- Kitchen - Fully Fitted
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
45,070€
Final Payment of 90% on completion
432,630€
Property Purchase Expenses
Property price
480,700€
Transfer tax 10%
48,070€
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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