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Spacious Elevated Duplex in Gated Community – TorremolinosThis elevated ground-floor duplex is set within a secure, sought after urbanisation, offering comfort, convenience, and an excellent location just steps from the beach.On the entrance level, you'll find a separate fitted kitchen, guest cloakroom, storage, and a bright living room with direct access to a sunny terrace overlooking the pool and communal areas. From here, there is also direct access to the communal pergola with BBQ area and two swimming pools.The upper floor includes a master bedroom with Juliet balcony and sea views, a second large and bright bedroom, and a modern bathroom with walk-in shower.The property also benefits from a private garage space and an additional outdoor storage room. Shops, restaurants, and all local amenities are within walking distance, making this an ideal permanent residence, holiday home, or investment property.Duplex, Torremolinos, Costa del Sol.2 Bedrooms, 2 Bathrooms, Built 72 m², Terrace 20 m².Setting : Commercial Area, Close To Shops, Close To Sea, Close To Town, Close To Schools, Urbanisation.Orientation : South East.Condition : Excellent.Pool : Communal.Climate Control : Air Conditioning.Views : Sea, Pool.Features : Lift, Near Transport, Private Terrace, Storage Room, Marble Flooring, Barbeque, Double Glazing.Furniture : Not Furnished.Kitchen : Fully Fitted.Garden : Communal.Security : Gated Complex.Parking : Underground, Street.Category : Holiday Homes, Investment, Resale.
Property Features
- 2 bedrooms
- 2 bathrooms
- Swimming Pool
- Setting - Town
- Setting - Commercial Area
- Setting - Close To Shops
- Orientation - South
- Orientation - South East
- Orientation - East
- Features - Lift
- Views - Pool
- Views - Garden
- Views - Panoramic
- Views - Sea
- Climate Control - Air Conditioning
- Pool - Communal
- Condition - Excellent
- Security - Entry Phone
- Security - Gated Complex
- Garden - Communal
- Kitchen - Fully Fitted
- Furniture - Not Furnished
- Setting - Urbanisation
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
31,000€
Final Payment of 90% on completion
306,000€
Property Purchase Expenses
Property price
340,000€
Transfer tax 10%
34,000€
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.