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Ref: A4181998
Property marketed by Ideal Country Property
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Very central traditional apartment right next to all the local amenities such as shops, restaurants, schools and public transport. It is on the first floor WITHOUT A LIFT (ELEVATOR).
The apartment comprises 3 bedrooms, a bathroom, kitchen, living room and a small inner courtyard with utility room.
It needs some renovation.
The apartment comprises 3 bedrooms, a bathroom, kitchen, living room and a small inner courtyard with utility room.
It needs some renovation.
Property Features
- 3 bedrooms
- 1 bathroom
- 100m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,900€
Final Payment of 90% on completion
80,100€
Property Purchase Expenses
Property price
89,000€
Transfer tax 10%
8,900€
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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Spanish Property News & Updates by Spain Property Portal.com
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.