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Ref: AP089
Property marketed by Competa Properties S.L.
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A charming modern first floor apartment with spacious interior accommodation. An entrance hallway leads into the bright attractive living room which has patio doors opening onto one of the pretty balconies, adjoining this there is a fully equipped kitchen also with patio doors opening onto a balcony. There are two bedrooms , as well as a large master bedroom with fitted wardrobes and patio doors opening onto a third balcony and also another room, at present used as a store room which is large enough to be utilised as a fourth bedroom. There is an attractively tiled bathroom with four piece suite and a guest cloakroom which is situated off the main entrance hall. An ac/ heating system in the living room makes the property comfortable for year round residence.
Property Features
- 4 bedrooms
- 1 bathroom
- 108m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,100€
Final Payment of 90% on completion
117,900€
Property Purchase Expenses
Property price
131,000€
Transfer tax 10%
13,100€
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.