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Ref: MCB-63534
Property marketed by OLIVIA REAL ESTATE
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Magnificent top floor bungalow, 84m2, in the quiet area of Torre de la Horadada. The house has 3 large bedrooms, 1 renovated full bathroom, separate kitchen with laundry room, living room and a very sunny 12m2 terrace, facing SOUTH. The property is very well located just 300 meters from Conde beach and is surrounded by multiple services such as bars, restaurants, shops, ice cream parlors, marina, medical center, gas stations and much more. Don't miss the opportunity to visit this exclusive property.
Property Features
- 3 bedrooms
- 1 bathroom
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,400€
Final Payment of 90% on completion
102,600€
Property Purchase Expenses
Property price
114,000€
Transfer tax 8%
9,120€
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.