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In this unique project, the homes will have first quality materials and careful design, both interior and exterior, furnished and equipped kitchens, fully installed centralized air conditioning system (hot / cold),.. . all within a closed complex with garden areas and outdoor pool.
The houses are located in Algarrobo Costa and its strategic location means that it has excellent communications, since the area has direct connections to the A7 (Málaga - Granada), as well as to the beach, just 150 meters away on foot.
It is a consolidated residential area, so it has all kinds of services, both in restaurants, commercial areas of supermarkets and pharmacies, as well as leisure.
Welcome to Residencial Orizon, a new development in Algarrobo Costa that will be composed of 1 and 2 bedroom apartments, with large terraces and lots of light, being south facing and excellent sea views.
In this unique project, the homes will have first quality materials and careful design, both interior and exterior, furnished and equipped kitchens, fully installed centralized air conditioning system (hot / cold),.. . all within a closed complex with garden areas and outdoor pool.
The houses are located in Algarrobo Costa and its strategic location means that it has excellent communications, since the area has direct connections to the A7 (Málaga - Granada), as well as to the beach, just 150 meters away on foot.
It is a consolidated residential area, so it has all kinds of services, both in restaurants, commercial areas of supermarkets and pharmacies, as well as leisure.
In the Residencial Orizon, the exterior and interior spaces are perfectly related, thus allowing you to enjoy the outdoor life that you so fancy in an area with a climate as ideal as the one found in the eastern Costa del Sol of Malaga.
WITHOUT MOTGAGE | |
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VAT for new residential properties | 10% |
VAT for new commercial properties and plots of land | 21% |
Property Transfer tax for re-sale property | 6-10% |
Stamp Duty | 1% |
Notary and Land Registry fees | about 2% |
WITH MORTGAGE | |
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To the expenses noted above add: | |
Bank mortgage fee, of the value of the mortgage | 1%-1.5% |
Mortgage deed tax | 1.5% |
Land Registry and notary expenses | about 2% |
Bank valuation of the property | from €300 |
Documents translation | from €200 |
Insurance payments for the first year | from €300/год |
Sending a request does not oblige you to anything. Please, indicate as much details as possible in your request.
Annual property ownership tax, calculated on the cadastral value | 0.5-2% |
Non-resident income tax (the base for the applicable tax rate is generally 2% of the cadastral value) | 25% |
Annual wealth tax | 0.2%-2.5% |
Rubbish Collection Tax | €100-200 p.a. |
Community expenses for condominiums and urbanisations | from €300 p.a. |
Water and electricity rates | €100-200 per month |
Legal fees | about 1% |
Estate agency fees | 3-5% |