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Ref: AG19149749
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Apartment in Benidorm near the sea! New build one-bedroom apartment in Playa de Poniente, Benidorm, located on the fifteenth floor of the Playa de Benidorm residential complex. Its area of 105 square meters is distributed in two bedrooms, two bathrooms, one of which is the best beach in Benidorm. The city centre is less than five minutes away by car and has fast connections to the N-322 national motorway and the Mediterranean motorway exit. Alicante International Airport is 40 kilometres away and Valencia, the City of Arts, is 150 kilometres away.Benidorm is the outstanding capital of the Costa Blanca, the main tourist centre of the entire Levantine coast, where you can also find important cities such as Alicante, Torrevieja, Elche, Villajoyosa, Altea or Calpe.
Property Features
- 2 bedrooms
- 2 bathrooms
- 105m² Build size
- Garden
- Alarm system
- Secure door
- Double glazing
- Veranda
- Aircondition, Split system
- Heating, Central
- Parking, Garage
- Elevator
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
46,900€
Final Payment of 90% on completion
449,100€
Property Purchase Expenses
Property price
499,000€
Transfer tax 8%
39,920€
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.