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Ref: Marvic-II
Property marketed by MGP - Golf & Coastal Properties
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MGP New Homes are delighted to offer for sale these brand new apartments located in the popular town of Pilar de la Horadada. Located close to lots of restaurants and bars, sports facilities and a short drive to the beach, these apartments may be an ideal holiday home or rental investment. The apartments have off-street allocated parking and a communal sunbathing / swimming pool area. Benefiting from a spacious open-plan living room with modern fitted kitchen, two bedrooms, two bathrooms and patios to the front and rear. Ready around May 2024. Contact MGP to arrange a viewing.
Property Features
- 2 bedrooms
- 2 bathrooms
- 85m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
21,990€
Final Payment of 90% on completion
224,910€
Property Purchase Expenses
Property price
249,900€
Transfer tax 8%
19,992€
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.