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Ref: M273130
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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150m2 apartment overlooking the beautiful sea of Benidorm with panoramic views thanks to large windows.Recently renovated it has 3 bedrooms, 2 bathrooms, a large living room, fitted kitchen with seperate laundry room.Located in an Urbanization of 15,000m2, it has access to a large community pool, child friendly areas, gardens, tennis courts, gym, sauna, games room with table tennis and billiards. Community parking.Only 400 meters from the beach, close to shops and restaurants and in close proximity to many theme parks that can be found in Benidorm.Currently with renters paying € 1,000 a month with a contract until december 2021
Property Features
- 3 bedrooms
- 2 bathrooms
- 150m² Build size
- Air Conditioning
- Utility Room
- Gym
- Fitted Wardrobes
- Sea view
- Elevator
- Pool View
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
32,000€
Final Payment of 90% on completion
315,000€
Property Purchase Expenses
Property price
350,000€
Transfer tax 8%
28,000€
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.