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Ref: MCB-61764
Property marketed by OLIVIA REAL ESTATE
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Luxury apartment in Parque Recolata in Punta Prima, with 2 bedrooms and 2 bathrooms, the 110 m2 property offers a fully equipped independent kitchen and a spacious living room that invites you to relax. It has a terrace of approximately 20 m2 facing south, while the communal pool adds a touch of luxury. Built in 2008, this home is in excellent condition and has air conditioning, parking included and modern appliances. Its location just 200 meters from Punta Prima beach makes it a coastal oasis, with nearby services such as shops, restaurants and supermarkets for unmatched comfort.
Property Features
- 2 bedrooms
- 2 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
21,990€
Final Payment of 90% on completion
224,910€
Property Purchase Expenses
Property price
249,900€
Transfer tax 8%
19,992€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.