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Property marketed by Larrondo Servicios Inmobiliarios
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PEÑISCOLA, Urb. EUROMAR - Avd. PAPA LUNA 124, 1-bedroom PENTHOUSE + PARKING. The south-facing apartment is a 4th and last floor with elevator, renovated, distributed in a double room with a built-in wardrobe, bathroom, kitchen with serving hatch, living-dining room, terrace of +- 5 m2. with sea views, approx. 150 meters from the sea.
Property Features
- 1 bedroom
- 1 bathroom
- 54m² Build size
- sea view
- terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,900€
Final Payment of 90% on completion
98,100€
Property Purchase Expenses
Property price
109,000€
Transfer tax 10%
10,900€
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.