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Ref: RTB4804437
Property marketed by Sunset Real Estate Agency SL
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A recently renovated bright 3-bedroom apartment in Altea. The property consists of 3 bedrooms, 2 bathrooms, kitchen and utility room, a spacious living / dining room and storage room.
From the balcony you can see the church of Altea.
The apartment is located in the heart of Altea, with supermarkets, banks, schools very close to the property.
Available with a Rent to Buy Option
Financial breakdown
12 month rental contract
Initial deposit of 22,000 €
Monthly rental payments of 850 €
Final purchase payment 187,800 €
24 month rental contract
Initial deposit of 22,000 €
Monthly rental payments of 850 €
Final purchase payment 177,600 €
From the balcony you can see the church of Altea.
The apartment is located in the heart of Altea, with supermarkets, banks, schools very close to the property.
Available with a Rent to Buy Option
Financial breakdown
12 month rental contract
Initial deposit of 22,000 €
Monthly rental payments of 850 €
Final purchase payment 187,800 €
24 month rental contract
Initial deposit of 22,000 €
Monthly rental payments of 850 €
Final purchase payment 177,600 €
Property Features
- 3 bedrooms
- 2 bathrooms
- 90m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
19,000€
Final Payment of 90% on completion
198,000€
Property Purchase Expenses
Property price
220,000€
Transfer tax 8%
17,600€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.