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Ref: DirectIsidoraLiving
Property marketed by Alcantara&Good
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Brand-new 2-bedroom, 2-bathroom ground-floor apartment in the recently completed Isidora Living development in Estepona, offering the rare combination of a modern move-in-ready home with the financial advantages of a resale property. As the apartment has already been completed, it is subject to just 7% Transfer Tax (ITP) rather than the usual 10% VAT plus Stamp Duty applicable to new-build purchases, representing a significant saving for the next owner.
The apartment features a well-designed contemporary layout with a bright open-plan living and dining area that connects seamlessly to the outdoor spaces. In addition to its generous 29m² of terraces, ideal for outdoor dining and relaxing, the property also benefits from a private 52m² garden, creating the feel of a small house and making it particularly appealing to buyers seeking a ground-floor home with substantial outdoor space.
The current owners have also invested in several upgrades that add further value to the property. The kitchen was enhanced beyond the standard specification with a premium Siemens appliance package valued at approximately €8,000, and the apartment includes an underground parking space. There is also the option to purchase a storage room for an additional €10,000.
Isidora Living is a contemporary gated community with excellent communal facilities, including tropical landscaped gardens, an adult swimming pool and separate children's pool, a fully equipped gym, co-working and social areas, an outdoor barbecue space and a children's play area.
The location is another major advantage, within comfortable walking distance of Estepona town centre, the beach and all daily amenities, making it an excellent choice as either a permanent residence or a holiday home.
With immediate availability, valuable tax savings compared to buying directly from a developer, and extensive outdoor space rarely found in modern apartments, this property presents an exceptional opportunity in one of Estepona's most sought-after new communities.
The apartment features a well-designed contemporary layout with a bright open-plan living and dining area that connects seamlessly to the outdoor spaces. In addition to its generous 29m² of terraces, ideal for outdoor dining and relaxing, the property also benefits from a private 52m² garden, creating the feel of a small house and making it particularly appealing to buyers seeking a ground-floor home with substantial outdoor space.
The current owners have also invested in several upgrades that add further value to the property. The kitchen was enhanced beyond the standard specification with a premium Siemens appliance package valued at approximately €8,000, and the apartment includes an underground parking space. There is also the option to purchase a storage room for an additional €10,000.
Isidora Living is a contemporary gated community with excellent communal facilities, including tropical landscaped gardens, an adult swimming pool and separate children's pool, a fully equipped gym, co-working and social areas, an outdoor barbecue space and a children's play area.
The location is another major advantage, within comfortable walking distance of Estepona town centre, the beach and all daily amenities, making it an excellent choice as either a permanent residence or a holiday home.
With immediate availability, valuable tax savings compared to buying directly from a developer, and extensive outdoor space rarely found in modern apartments, this property presents an exceptional opportunity in one of Estepona's most sought-after new communities.
Property Features
- 2 bedrooms
- 2 bathrooms
- 94m² Build size
- Swimming Pool
- aire acondicionado
- apartamento
- armarios empotrados
- ascensor
- balcón
- calefacción central
- cocina americana
- cocina amueblada
- cocina equipada
- céntrico
- edificio con garaje
- exterior
- gimnasio
- jardín
- luminoso
- no amueblado
- parking
- piscina
- piscina comunitaria
- plaza garaje incluida
- sótano
- terraza
- urbanizacion privada
- vigilancia 24h
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
56,000€
Final Payment of 90% on completion
531,000€
Property Purchase Expenses
Property price
590,000€
Transfer tax 10%
59,000€
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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