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Ref: AG19145206
Property marketed by Spain Property Shop S.L
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Opportunity to purchase a top floor corner apartment with terrace and unobstructed views close to the golf courses, La Fuente shopping centre, restaurants, supermarkets and surrounded by nature. Comprising of 2 double bedrooms, 1 bathroom, lounge/diner with open plan kitchen and terrace.With some refurbishment, it is a fantastic investment.To be noted, it is a second floor with no lift.
Property Features
- 2 bedrooms
- 1 bathroom
- 63m² Build size
- Aircondition, Split system
- Heating, Central
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,990€
Final Payment of 90% on completion
80,910€
Property Purchase Expenses
Property price
89,900€
Transfer tax 8%
7,192€
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.