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Ref: AG19142336
Property marketed by Spain Property Shop S.L
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Corner townhouse for sale to reform, 45m2 of house, with 2 bedrooms, 1 bathroom, kitchen with patio, living room, front plot of about 50m2, 35m2 solarium, open views of the community pool.
Property Features
- 2 bedrooms
- 1 bathroom
- 45m² Build size
- 90m² Plot size
- Swimming Pool
- Pool, Private
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,990€
Final Payment of 90% on completion
107,910€
Property Purchase Expenses
Property price
119,900€
Transfer tax 8%
9,592€
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.