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Ref: AG19145397
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64 m2 townhouse located in the prestigious area of Rosaleda-los Frutales, just 550 meters from the sea. Distributed in two double bedrooms, 2 bathrooms, separate kitchen, large living room and dressing room, completely renovated. Main terrace of about 30m2 east facing, rear terrace and private solarium with sea views.IBI: 167 €
Property Features
- 2 bedrooms
- 2 bathrooms
- 70m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,500€
Final Payment of 90% on completion
148,500€
Property Purchase Expenses
Property price
165,000€
Transfer tax 8%
13,200€
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.