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BUNGALOW IN THE MAR MENOR
Fantastic bungalow on the ground floor in Santiago de la Ribera, with 2 bedrooms, 2 bathrooms and ample space in all its rooms. Just 10 minutes walk from the beach. With private terrace, in a residential with community garden and pool.
Just over 1 km from the Dos Mares Shopping Center. Very close is also the center of San Javier. With restaurants, bars, shops and all the other service offers you may need.
Due to its calm waters and 300 days of sunshine a year, the Mar Menor coastline is the perfect place to establish your permanent residence or enjoy vacation stays.
Fantastic bungalow on the ground floor in Santiago de la Ribera, with 2 bedrooms, 2 bathrooms and ample space in all its rooms. Just 10 minutes walk from the beach. With private terrace, in a residential with community garden and pool.
Just over 1 km from the Dos Mares Shopping Center. Very close is also the center of San Javier. With restaurants, bars, shops and all the other service offers you may need.
Due to its calm waters and 300 days of sunshine a year, the Mar Menor coastline is the perfect place to establish your permanent residence or enjoy vacation stays.
Property Features
- 2 bedrooms
- 2 bathrooms
- 84m² Build size
- 32m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
20,500€
Final Payment of 90% on completion
211,500€
Property Purchase Expenses
Property price
235,000€
Transfer tax 8%
18,800€
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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Spanish Property News & Updates by Spain Property Portal.com
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.