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Ref: AG19145101
Property marketed by Spain Property Shop S.L
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REDUCED PRICE!! Very nice sunny apartment located in the beautiful Mocaya area by the sea. On the third floor with beautiful sea views and communal swimming pool. Consisting of a beautiful living room with terrace, open kitchen, 2 bedrooms with 2 bathrooms and a storage room. Included underground closed garage.
Property Features
- 2 bedrooms
- 2 bathrooms
- 92m² Build size
- Swimming Pool
- Double glazing
- Kitchen appliances
- Aircondition, Split system
- Pool, Communal
- Elevator
- Childrens playground
- Partially Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
18,900€
Final Payment of 90% on completion
197,100€
Property Purchase Expenses
Property price
219,000€
Transfer tax 8%
17,520€
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.