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Ref: AP457
Property marketed by Inland Andalucia
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This lovely ground floor apartment is situated in the popular town of Humilladero, in the Malaga province of Andalucia, Spain, close to all the local amenities the town has to offer including local schools, sports centre, shops, bars and restaurants all within a short walk. The property opens in to a bright spacious lounge diner and continues to two bedrooms and a full family bathroom. There is a good size fitted kitchen with plenty of storage space and a separate pantry with room for fridge and freezer. The kitchen opens out on to a private rear tiled patio. This easy living, ground floor apartment would make for an ideal lock up and go property in the warm sunshine of southern Spain.
Property Features
- 2 bedrooms
- 1 bathroom
- 148m² Plot size
- Close to Amenities
- Fitted Kitchen
- Lounge Diner
- On Street Parking
- Patio
- Well Presented
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,495€
Final Payment of 90% on completion
85,455€
Property Purchase Expenses
Property price
94,950€
Transfer tax 10%
9,495€
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.