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Ref: AP447
Property marketed by Inland Andalucia
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This quality one bedroom apartment is situated in the centre of the city of Granada. Being sold part furnished, with air conditioning and double glazing, it is ready to move into and enjoy. You enter the building, which has entry phones, into a communal hallway with individual mail boxes then the stairs taking you to this second floor apartment and into an open plan kitchen / lounge diner with an office space. To the right is a fully tiled shower room and then you have a bright, corner position double bedroom with access out on to 2 Juliet balconies. The apartment is in a sought after city centre location close to all amenities Granada has to offer.
Property Features
- 1 bedroom
- 1 bathroom
- 40m² Build size
- Air Conditioning
- Built to High Standards
- Charming Property
- Close to Amenities
- Double Glazing
- Electric Entry Phone
- Fitted Kitchen
- Good Rental Potential
- Immaculate Condition
- Internet
- Investment Property
- Lounge Diner
- Near Public Transport
- Part Furnished
- Private Terrace
- Renovated
- Telephone
- Well Presented
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,900€
Final Payment of 90% on completion
134,100€
Property Purchase Expenses
Property price
149,000€
Transfer tax 10%
14,900€
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.