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Ref: VRE 5490
Property marketed by Spanish Dream Property
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A South West Facing, Two Bedroom, First Floor Corner Apartment in Formentera del Segura, a popular Spanish town with a main chain supermarket, cafe bars, restaurants, pharmacy, bank, municipal sports ground... Guardamar and its beautiful stretch of beach is just a ten minute drive away. Benijofar, Quesada and the La Marquesa golf course are less than ten minutes by car. Occupying a corner position, the living area on this property offers plenty of light, from dual aspect sliding doors and window, one offering view to the communal pool area and the other opening out to a terrace area with views across to the countryside; American style fitted kitchen; two double bedrooms with built-in wardrobes, master with en suite; family bathroom. Extras with this property include air con unit in the lounge, lift in the block and the use of the communal pool.
Property Features
- 2 bedrooms
- 2 bathrooms
- 68m² Build size
- Swimming Pool
- Communal Pool
- En-suite Bathroom
- Lift
- Mountain Views
- Solarium
- Terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,250€
Final Payment of 90% on completion
74,250€
Property Purchase Expenses
Property price
82,500€
Transfer tax 8%
6,600€
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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