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Ref: 428-01487P
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Frontline beach penthouse apartment in Es Canar, located just 300 metres from Cala Nova beach.
The property has 56m2, located on the fourth floor of a building with elevator, with a double bedroom with fitted wardrobes, one bathroom with bathtub, kitchenette, gres floors and a living room with access to the terrace, from where you can appreciate the spectacular sea view, up to the island of Tagomago. It has communal pool and garden. Excellent opportunity for a property to enjoy of a seafront vacation or to live all year round.
The property has 56m2, located on the fourth floor of a building with elevator, with a double bedroom with fitted wardrobes, one bathroom with bathtub, kitchenette, gres floors and a living room with access to the terrace, from where you can appreciate the spectacular sea view, up to the island of Tagomago. It has communal pool and garden. Excellent opportunity for a property to enjoy of a seafront vacation or to live all year round.
Property Features
- 1 bedroom
- 1 bathroom
- 56m² Build size
- Swimming Pool
- Communal garden
- Communal pool
- Front line beach
- Air conditioning
- Fully furnished
- Sea view
- Pool view
- Good condition
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
42,000€
Final Payment of 90% on completion
405,000€
Property Purchase Expenses
Property price
450,000€
Transfer tax 10%
45,000€
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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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.