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Ref: CGP JLM2490
Property marketed by J.L.MORALES REAL ESTATE
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A unique opportunity to own a large apartment with business below in the town of Algorfa.The property being offered for sale is over two floors the first floor being a large apartment of 170 m2 this consists of a large lounge/dining room with feature fireplace and with access to the balcony, a fully fitted kitchen with utility area, three double bedrooms all having fitted wardrobes and the master also being en-suite and also having access to the balcony, in addition to this there is a family bathroom.From the private terrace there is a stairway leading to a very large roof top solarium with view of the surrounding countryside.The ground floor at present is a commercial unit off 150 m2 and as such has been used as a restaurant/bar there is a W/C facilities and the option to fit a kitchen although the use of this property could be many things.The apartment part of the property is being offered for sale furnished .
Property Features
- 4 bedrooms
- 2 bathrooms
- 320m² Build size
- Roof Terrace
- Fully equipped kitchen
- Tiled terrace
- Fireplace
- Close to services
- Built in wardrobes
- Utility room
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
20,000€
Final Payment of 90% on completion
207,000€
Property Purchase Expenses
Property price
230,000€
Transfer tax 8%
18,400€
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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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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