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Ref: JVR8491Z
Property marketed by Just Murcia Property
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This Corner, Two Bedroom Ground Floor Apartment in Formentera is located in the serene environs of Costa Blanca, positioned at the edge of the charming village. Upon entering, you'll find a meticulously maintained space boasting 2 bedrooms and 2 bathrooms, one of which is en suite, ensuring comfort and convenience. The apartment features a small garden terrace to the front off the living room, providing a tranquil outdoor space for relaxation or entertaining. Inside, an American style kitchen adds a touch of contemporary flair, while the added benefit of being on the corner means additional windows on the side for additional natural light. The property is adorned with fitted wardrobes and grill ensuring both security and comfort. Air conditioning throughout in the living room and ceiling fans throughout for year-round comfort. Additionally, a private underground car parking space. Residents can enjoy the communal swimming pool, perfect for soaking up the sun. Situated just a stone's throw from padel courts and a mere 5-minute walk to the supermarket, bars, and restaurants, residents can enjoy the convenience of amenities within easy reach. Furthermore, the blue flag and award-winning beaches of Guardamar del Segura are just a 12-minute drive away, offering endless opportunities for relaxation and leisure.
Property Features
- 2 bedrooms
- 2 bathrooms
- Swimming Pool
- En-suite bathroom
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,695€
Final Payment of 90% on completion
78,255€
Property Purchase Expenses
Property price
86,950€
Transfer tax 8%
6,956€
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.