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Ref: 236/10371
Property marketed by European Property Company
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SALE OF A GROUND FLOOR IN A NEW AREA OF VERA PUEBLO. It is a ground floor of about 80 m2 with two spacious bedrooms and two complete bathrooms, independent kitchen and bright living room; it has air conditioning cold and heat in the whole house. The property is located in the area of new development of Vera Pueblo, an ideal property to enjoy it from the first day or if you are thinking of investing its profitability is assured from the first day. The flat is located on the ground floor of a beautiful and modern building with communal swimming pool, lift, and close to all necessary services without having to use the car. The flat is sold fully furnished and ready to move in.
Property Features
- 2 bedrooms
- 2 bathrooms
- 80m² Build size
- Swimming Pool
- A/A
- Elevator
- Appliances
- Furniture
- Heating
- Air-Conditioning
- Video Intercom
- Community Pool
- Light
- All Foreign
- Residencial
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,450€
Final Payment of 90% on completion
85,050€
Property Purchase Expenses
Property price
94,500€
Transfer tax 8%
7,560€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.