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Ref: 697614
Property marketed by Girasol Assen B54983077
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This is a Bungalow located in Altos de la Bahía with a 27 m2 terrace with barbecue.
The house has 60 m2 according to a simple note distributed in a large living room, separate kitchen with gallery, 1 full bathroom and 2 bedrooms.It is sold furnished and is in perfect condition, ready to move into.Just 600 meters from the sea and next to all services.Community pool and parking areaCommunity: €200 per yearIBI: €168
Property Features
- 2 bedrooms
- 1 bathroom
- 60m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,000€
Final Payment of 90% on completion
135,000€
Property Purchase Expenses
Property price
150,000€
Transfer tax 8%
12,000€
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.