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Ref: MM9601
Property marketed by MGP - Golf & Coastal Properties
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MGP are pleased to present this two bedroom, two bathroom West facing ground floor apartment which benefits from a 35 sq'm terrace with golf and lake views. The apartment is offered for sale furnished and with vented A/C throughout. Benefiting from an open-plan living space, fitted kitchen with appliances, two double bedrooms, two bathrooms, covered terrace, communal swimming pool and secure underground parking space. Ideal for holidays, rentals or permanent living. Call MGP to arrange a viewing.
Property Features
- 2 bedrooms
- 2 bathrooms
- 86m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,300€
Final Payment of 90% on completion
146,700€
Property Purchase Expenses
Property price
163,000€
Transfer tax 8%
13,040€
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.