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Ref: MM10711
Property marketed by MGP - Golf & Coastal Properties
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A superb first floor apartment with West and South facing terraces overlooking gardens and the communal swimming pool on the popular Mar Menor Golf Resort. Located close to the hotel and driving range, this apartment has three double bedrooms, two bathrooms, allocated parking in the secure underground car park and air-conditioning throughout. Offered for sale furnished and including kitchen appliances at a great price. This one will not be available for long - contact MGP to reserve.
Property Features
- 3 bedrooms
- 2 bathrooms
- 114m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
17,500€
Final Payment of 90% on completion
184,500€
Property Purchase Expenses
Property price
205,000€
Transfer tax 8%
16,400€
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.