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Ref: AP153
Property marketed by Inland Andalucia
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This apartment is located in the heart of Mollina, just a few minutes to the church square and all the local amenities. The apartment sits on a quiet street and the main entrance leads straight in to the main living room, diner. The property has a kitchen that is completely tiled ready for installation of new kitchen, 2 bathroom and 2 good size bedrooms. The master bedroom benefits from an en suite bathroom and fitted wardrobes. This is a great apartment in a central location.
Property Features
- 2 bedrooms
- 2 bathrooms
- 75m² Build size
- 75m² Plot size
- Close to Amenities
- On Street Parking
- Storage Room
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,500€
Final Payment of 90% on completion
94,500€
Property Purchase Expenses
Property price
105,000€
Transfer tax 10%
10,500€
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.