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Ref: Orquideas-2
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 on the ever-popular La Manga Club. The resort offers three championship golf courses, lots of restaurants and bars, a Spa, unrivalled sports facilities, a five star hotel and much more. These apartments are located just a 5 minute walk from the restaurants. Offering spacious accommodation including two double bedrooms and two bathrooms, these apartments enjoy access to a communal swimming pool from the private terrace. Elegant contemporary design. Contact us to arrange a tour.
Property Features
- 2 bedrooms
- 2 bathrooms
- 96m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
33,500€
Final Payment of 90% on completion
328,500€
Property Purchase Expenses
Property price
365,000€
Transfer tax 8%
29,200€
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.