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Ref: JAD-49769
Property marketed by OLIVIA REAL ESTATE
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A lovely presented first floor apartment of 134 m2 of living space right in the heart of Almoradi.The living space is distributed into a large lounge/dining room with access to the balcony there is an independent fully fitted kitchen and separate utility area. three double bedrooms the master having en-suite facilities and in addition to this there is a family bathroom.This property also has the added benefits of hot and cold air conditioning and a lift to all floors, also being on the 1st floor has the benefits of a private terrace.Located right on the main plaza so close to all services, bars, shops and restaurants and only 15 min to the beaches of Guardamar and 30 min to the Airport of Alicante.
Property Features
- 3 bedrooms
- 2 bathrooms
- 134m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,000€
Final Payment of 90% on completion
135,000€
Property Purchase Expenses
Property price
150,000€
Transfer tax 8%
12,000€
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.