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Ref: AG19146375
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Studio for sale with sea views in the Urbanization, just 6 minutes walk from Los Locos beach. The studio has an area of 27 m². The urbanization has a 24-hour shop, a beauty salon and a solarium on the upper floor. A new elevator has recently been installed. The studio is equipped with electric blinds. The wiring and electrical panel have been completely renovated, and the lighting is divided into several zones. The modern kitchen is equipped with a dishwasher, oven, washing machine, extractor hood and air conditioning. There is active fiber optic internet for only 20 euros per month, with the possibility of suspending and reactivating it as desired. A panoramic window of the best quality available on the market has been installed. This is an ideal place to live and enjoy comfort by the sea.
Property Features
- 0 bedrooms
- 1 bathroom
- 27m² Build size
- Sea view
- Near bus route
- Aircondition, Split system
- Elevator
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,690€
Final Payment of 90% on completion
69,210€
Property Purchase Expenses
Property price
76,900€
Transfer tax 8%
6,152€
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.