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Property marketed by Inmo Investments
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This charming two-bedroom, south-facing townhouse is located in the popular Montemar development in Algorfa, Alicante. Recently redecorated, the property offers a fresh, modern feel. The front features a driveway or extended terrace leading to a shady terrace with space for a table and chairs. Inside, the spacious living and dining area includes two ceiling fans and an understairs cupboard. There is a utility room with a washing machine and a WC. The kitchen at the rear has wall and base units, built-in oven/hob and extractor, and a freestanding fridge freezer. A door from the kitchen opens to a rear terrace/storage area. Upstairs, the landing provides access to two double bedrooms and a bathroom. The main bedroom has built-in wardrobes, while the second bedroom has a freestanding wardrobe. Another flight of stairs leads to a rear terrace and a rooftop solarium with distant sea views, perfect for soaking up the Mediterranean sun. The property includes access to a communal pool, ideal for relaxing during the hot summer months. Air conditioning is available in the living area and the main bedroom. It is being sold furnished (excluding pictures), ready for you to move in and start enjoying the Spanish lifestyle. Montemar is part of the Algorfa area and features a hotel with a bar/restaurant, supermarket, and bakery. The village of Algorfa, just a five-minute drive away, offers numerous bars and restaurants, day-to-day facilities, and a pretty square. Nearby towns such as Benejuzar, Almoradi, Benijofar, and Ciudad Quesada offer a wider range of amenities. The nearest beach at Guardamar/El Moncayo is about a 15-minute drive away, with Alicante/Elche and the airport accessible in around 35 minutes.
Property Features
- 2 bedrooms
- 1 bathroom
- 71m² Build size
- Swimming Pool
- Garden
- Communal Pool
- Solarium - Private
- Onsite Parking
- Terrace
- Key ready
- White Goods
- Walking Distance to Amenities
- Built-in Wardrobes
- Furnished
- Sunblinds/Awnings
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,995€
Final Payment of 90% on completion
98,955€
Property Purchase Expenses
Property price
109,950€
Transfer tax 8%
8,796€
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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