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Ref: 10835
Property marketed by Inmo Investments
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The apartment features an open-plan kitchen leading to the dining and living area, one double bedroom with access to the private terrace, a complete bathroom, and a garage space with storage. Large southeast-facing terrace with views of the luxurious community gardens. It boasts marble floors, high-quality double-glazed windows and doors, and ducted air conditioning. Equipped with top-quality white goods and furnished. The residential area is fully gated with a tropical design community swimming pool. Conveniently located 1km from Villamartin Plaza and Golf, 5km from La Zenia Beach, and three additional 18-hole golf courses.
Property Features
- 1 bedroom
- 1 bathroom
- 95m² Build size
- Swimming Pool
- Garden
- Communal Pool
- Terrace
- Quality build
- Built-in Wardrobes
- Rental Potential
- Furnished
- Prestigious Area
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
21,400€
Final Payment of 90% on completion
219,600€
Property Purchase Expenses
Property price
244,000€
Transfer tax 8%
19,520€
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.