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Ref: TH1004
Property marketed by Competa Properties S.L.
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This is one of our townhouses in Algarrobo for sale, located in the old part of the town near the best-known shops and bars. And only a 7min drive to the coast. The interior consists of kitchen, living room, bathroom and two rooms on the top floor.
It also has a separate room, currently used as a bedroom with a terrace.
This is a perfect lock-up and leave property.
It also has a separate room, currently used as a bedroom with a terrace.
This is a perfect lock-up and leave property.
Property Features
- 3 bedrooms
- 1 bathroom
- 68m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,200€
Final Payment of 90% on completion
64,800€
Property Purchase Expenses
Property price
72,000€
Transfer tax 10%
7,200€
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.