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Lomas de Los Monteros, East Marbella This beautiful, ground floor, elevated, three bedroom apartment boasts panoramic views towards the Mediterranean sea and surrounding countryside Set within this luxurious, secure and gated urbanisation with lush tropical gardens and three large swimming pools Nestled in the hills of Altos de los Monteros surrounded by peace and tranquillity within a protected natural environment yet within just a short drive to the main road and Marbella town centreBuilt with quality fittings and furnishings, this spacious three bedroom apartment comes with two bathrooms, one of which is en-suite, modern fully fitted kitchen and large living/dining area offering sea views and leading onto its sunny south facing private terrace with further access to its private garden areaThis property includes underground parking and storage room
Property Features
- 3 bedrooms
- 2 bathrooms
- 150m² Build size
- 20m² Plot size
- Category - Holiday Homes
- Climate Control - Cold A/C
- Climate Control - Hot A/C
- Condition - Excellent
- Features - Double Glazing
- Features - Ensuite Bathroom
- Features - Fiber Optic
- Features - Fitted Wardrobes
- Features - Lift
- Features - Marble Flooring
- Features - Private Terrace
- Features - Storage Room
- Features - Utility Room
- Features - WiFi
- Furniture - Fully Furnished
- Garden - Communal
- Kitchen - Fully Fitted
- Orientation - South
- Parking - Underground
- Pool - Communal
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
43,500€
Final Payment of 90% on completion
418,500€
Property Purchase Expenses
Property price
465,000€
Transfer tax 10%
46,500€
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.