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Ref: PHIP-501
Property marketed by JMT Spanish Properties
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This property is located in Ciudad Quesada, just a few minutes from the famous golf course "La Marquesa". The property offers a total living area of 113m2 on 2 floors, which is divided into 2 bedrooms, 2 bathrooms, guest toilet, kitchen and living / dining area. The roof terrace invites you to enjoy the sun all day. The house also has a garage that can also be used as a storage room. The beach is only a few kilometers away. The property is ideal as a holiday home or for a longer stay. The town center with all amenities can also be reached quickly if required.
Property Features
- 2 bedrooms
- 3 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,900€
Final Payment of 90% on completion
134,100€
Property Purchase Expenses
Property price
149,000€
Transfer tax 8%
11,920€
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.