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Ref: 100608
Property marketed by Medalmar Servicios Inmobiliarios S.L.
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House to reform with many possibilities counting on a plot of 1500m2 in the village of Palomares, on the coast of Almería, 1 km from the beach. It has three bedrooms, living room and a large kitchen with access to a small patio. The plot is spacious with a large out building and room where you can build a pool. Located in the village of Palomares where are all amenities including bars, restaurants, shops, schools, medical center. The villages of Vera, Garrucha, Mojacar Villaricos are a few minutes drive. Almeria airport to 1am, the Murcia January 1: 15h and Alicante to 1: 30h on the motorway.
Property Features
- 3 bedrooms
- 1 bathroom
- 180m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,000€
Final Payment of 90% on completion
126,000€
Property Purchase Expenses
Property price
140,000€
Transfer tax 8%
11,200€
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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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.