Sale of a property after several years
off-plan purchase
CATALEYA APARTMENT
About real estate
Two- and three-bedroom apartments located in the Atalaya area (situated on the border of Estepona, Benahavís, and San Pedro Alcántara) were launched for sale in 2018 at prices that typically started below €400,000–€500,000, depending on whether they were ground-floor units, middle-floor apartments, or penthouses. Clients from the Tricity area (Gdańsk, Gdynia, and Sopot) decided to purchase a penthouse off plan. After several years, in 2025, they chose to sell the apartment in order to buy a house for themselves in the same area. Due to strong demand and the attractive location, prices in the Cataleya development have increased significantly since its original launch. The penthouse was ultimately sold for €1,250,000. What indicated the investment potential and why did we recommend this development to our clients? • Location – in the prestigious and rapidly developing area known as Nueva Milla de Oro, combining the comfort of Marbella with the charm of Estepona. • Proximity to the renowned Atalaya school – perfect for families seeking top-quality education for their children. • Modern design and aesthetic appeal – attractive for buyers looking for a stylish and luxurious environment. • Hillside positioning with views – offers beautiful panoramas and a sense of privacy. • Access to sports and recreation – golf courses (Paraíso Golf Club, Atalaya Golf Club), tennis courts, and the Bel-Air padel club. • Unique community concept – a gated, intimate development designed to resemble a small Andalusian town. • Amenities – swimming pools, playground, gym, sauna and co-working space.
Location::
Estepona, Atalaya
Number of bedrooms::
3
Terrace::
1
Area::
139 m2
Residential complex::
gated community / residential complex of 15 buildings
Swimming pool::
yes
Monthly community fee::
280 €
Parking spaces::
2
Developer condition::
fully finished
Tourist license::
yes
PURCHASE PARAMETERS
PRICE AND BASIC COSTS
Price (net)::
520.000 €
10.2018
VAT 10%:
52.000 €
01.2022
PAYMENT SCHEDULE
Reservation fee::
10.000 €
11.2022
First payment: 30% of the net price + 30% of the VAT amount::
156.000 € + 15.600 € = 171.600 €
01.2019
Final payment upon signing the notarial deed: 70% of the net price + 70% of the VAT amount (minus the reservation fee)::
364.000 € + 36.400 € - 10.000 € = 390.400 €
01.2023
MORTGAGE
Financing: 70% of the net value::
364.000 €
01.2023
OTHER COSTS
Notary::
1.500 €
Lawyer::
5.200 €
AJD tax – Actos Jurídicos Documentados (stamp duty / tax on legal documents)::
3.600 €
HOW MUCH IS NEEDED TO COMPLETE THIS TRANSACTION
SUMMARY
Property price::
620.000 €
Down payment::
156.000 €
VAT (IVA)::
52.000 €
Transaction costs::
10.300 €
Total own funds required::
218.300 €

































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