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Ref: R4797013
Property marketed by Rainbow Realty Watermead Investments
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***** We are pleased to offer for sale this 2 bedroom 2 bathroom property situated in Torremuelle, only walking distance to the local train station ****
**** The communal grounds benefit from numerous community swimming pools, one of which is located very close to the property itself, there are also recently reformed community padel and tennis courts ****
**** The property boasts from a fitted kitchen, 2 good size bathrooms, a light and airy lounge as well as air conditioning ****
**** Viewings recommended ****
**** The communal grounds benefit from numerous community swimming pools, one of which is located very close to the property itself, there are also recently reformed community padel and tennis courts ****
**** The property boasts from a fitted kitchen, 2 good size bathrooms, a light and airy lounge as well as air conditioning ****
**** Viewings recommended ****
Property Features
- 2 bedrooms
- 2 bathrooms
- 82m² Build size
- Swimming Pool
- Setting - Close To Schools
- Setting - Urbanisation
- Orientation - West
- Condition - Fair
- Pool - Communal
- Climate Control - Air Conditioning
- Climate Control - Hot A/C
- Climate Control - Cold A/C
- Views - Garden
- Views - Pool
- Features - Covered Terrace
- Features - Fitted Wardrobes
- Features - Near Transport
- Features - Private Terrace
- Features - Paddle Tennis
- Features - Tennis Court
- Features - Marble Flooring
- Furniture - Part Furnished
- Kitchen - Partially Fitted
- Garden - Communal
- Parking - Street
- Utilities - Electricity
- Utilities - Drinkable Water
- Category - Investment
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
19,000€
Final Payment of 90% on completion
198,000€
Property Purchase Expenses
Property price
220,000€
Transfer tax 10%
22,000€
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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Spanish Property News & Updates by Spain Property Portal.com
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.