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Ref: VRE 5485
Property marketed by Spanish Dream Property
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This Modern, Two Bedroom Bungalow in Los Palacios is situated in a great location, between Formentera del Segura, Rojales and Benijofar, overlooking a municipal park and garden. Located in a bustling Spanish town, directly between two main brand supermarkets and within a few minutes walk of an abundance of amenities facilities, also just an 10 minute drive to the truly desirable blue flag and award winning beaches of Guardamar del Segura. This desirable property, built in 2019, has been well designed, comprising of an open fully fitted kitchen, with a feature breakfast bar; lounge/dining room with direct access out to the front terrace and private swimming pool area, with ample space for dining outdoors + an off road parking space; two double bedrooms, the master with en suite shower room; and a family shower room. This particular model has external stairs, from the inner courtyard utility area, to the private roof top solarium, a great space for entertaining, BBQ’s and sunbathing.. Extras with this property include air conditioning throughout, electric blinds, retractable sun awning on the solarium, pool, parking, utility room and solar panel. Another added bonus is that this property is not part of a community!
Property Features
- 2 bedrooms
- 2 bathrooms
- 86m² Build size
- 169m² Plot size
- Swimming Pool
- Air conditioning
- En-suite Bathroom
- Garden
- Private Pool
- Solar Panels
- Solarium
- Terrace
- Utility Room
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
19,500€
Final Payment of 90% on completion
202,500€
Property Purchase Expenses
Property price
225,000€
Transfer tax 8%
18,000€
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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