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Ref: SANTSAC
Property marketed by Just Murcia Property
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A great residential complex located in San Miguel de Salines. The development has a total of 108 properties which are either semi-detached houses or apartments with 1, 2 and 3 bedrooms,The ground floor properties come with a garden and top floors with a private solarium. The community has swimming pools for adults and children, green areas and a playground for children. Each property comes with a fully furnished kitchen and pre-installation of air conditioning.
Property Features
- 1 bedroom
- 1 bathroom
- Swimming Pool
- Mains Electric
- Mains Water
- Fireplace - log burner
- Optional pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,990€
Final Payment of 90% on completion
125,910€
Property Purchase Expenses
Property price
139,900€
Transfer tax 8%
11,192€
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.