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Ref: Belich-apartmen
Property marketed by MGP - Golf & Coastal Properties
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MGP New Homes are delighted to present these brand new apartments for sale in a superb location near the beach in San Pedro del Pinatar. There are ground and first floor apartments for sale, with a communal swimming pool and sunbathing areas. The apartments have open-plan living rooms, modern kitchens, two bedroms, two bathrooms and private terraces. The first floor apartments also have spacious solarium terraces. Contact MGP to arrange a tour of the area and showhome.
Property Features
- 2 bedrooms
- 2 bathrooms
- 64m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
17,900€
Final Payment of 90% on completion
188,100€
Property Purchase Expenses
Property price
209,000€
Transfer tax 8%
16,720€
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.