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Ref: VRE 5305
Property marketed by Spanish Dream Property
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This Lovely, West Facing, Two Bedroom Townhouse in Montemar is located on a quaint and popular urbanization between the popular Spanish village of Algorfa and 5* La Finca Golf, Hotel Spa Resort. Situated within a 10 minute walk to the amenities at the golf courses commercial centre, with a wide array of bars, restaurants, shops and more... This bargain property has a surprising addition including within the m2. Comprising of a separate fully fitted kitchen; lounge/dining room, leading out to the front, covered terrace tiled low maintenance garden with off road parking; downstairs cloakroom; two double bedrooms on the first floor; and a family bathroom. Internal stairs lead to the second floor where there are two solariums, a small rear one on the east side of the property with views over the pine forest behind, and then the large, front, west facing one of some 19m2, covered in sun, with views over the surrounding urb, ideal for entertaining. There is also an under build included within the property, accessed internally, consisting of a very spacious open area, ideal for additional living purposes, a third bedroom, office, games room and more, also benefiting from a rear door to a back garden/terrace. Extras are to include fitted wardrobes, grills, mains gas and of course the use of a fabulous communal swimming pool nearby!
Property Features
- 2 bedrooms
- 1 bathroom
- 97m² Build size
- Swimming Pool
- Cloakroom
- Communal Pool
- Garden
- Off road parking
- Solarium
- Terraces
- Underbuild
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,495€
Final Payment of 90% on completion
103,455€
Property Purchase Expenses
Property price
114,950€
Transfer tax 8%
9,196€
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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