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Ref: AG19149466
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Apartment in Benidorm, Playa Poniente. Beautiful apartment in Cala de Benidorm, close to the Hotel Bali and all services. Just a 5-minute walk from Poniente beach and Cala de Finestrat. The apartment consists of 2 spacious living-dining rooms, 2 bedrooms, 2 bathrooms (1 en-suite), separate kitchen with utility room. There is ducted air conditioning throughout the house. The urbanization has a communal swimming pool. Additional garage space of 14 m2 + 18,000 euros.
Property Features
- 2 bedrooms
- 2 bathrooms
- 95m² Build size
- Aircondition, Split system
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
20,100€
Final Payment of 90% on completion
207,900€
Property Purchase Expenses
Property price
231,000€
Transfer tax 8%
18,480€
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.