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Ref: AG19147397
Property marketed by Spain Property Shop S.L
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Apartment to move into with a useful area of 48 meters and a 7-meter glazed terrace. Distributed in 1 double bedroom with built-in wardrobe, full bathroom, separate kitchen and large living room with glazed terrace. It has parking, elevator, heat and cold pump, and is renovated with double glazed aluminum enclosures. To enjoy beautiful panoramic views of Benidorm and the mountains. It is located in a residential area with large gardens, community pool and children's area. 1 km from Levante beach and the center of Benidorm, it has all the services you may need such as buses, schools, medical centers and supermarkets.
Property Features
- 1 bedroom
- 1 bathroom
- 62m² Build size
- Swimming Pool
- Garden
- Sea view
- Near bus route
- Aircondition, Split system
- Pool, Communal
- Elevator
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,700€
Final Payment of 90% on completion
105,300€
Property Purchase Expenses
Property price
117,000€
Transfer tax 8%
9,360€
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.