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Ref: CBS2301PCH
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New built apartments in Torre PachecoThese apartments either 2 or 3 bedrooms and 2 bathrooms are located in Torre Pacheco, close to all amenities, such as supermarkets, bars, restaurants and more.Building built over 2 storeys; the first floor apartments count with a beautiful terrace and the second floor apartments enjoy of a magnificent solarium. The residential complex offers a communal swimming pool for children and adults, green areas and underground parking space with storerooms.CBS2301PCH
Property Features
- 2 bedrooms
- 2 bathrooms
- 85m² Build size
- Pool communal
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 8%
11,920€
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.