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Ref: M273118
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Spacious apartment located in one of the most prestigious urbanizations of Benidorm, Poniente (Coblanca). It has fantastic views of the sea and the mountains. Close to all amenities and public transport. Poniente and La Cala beaches are a 7-minute walk away. It has a kitchen with gallery, 2 bathrooms and 2 large bedrooms (originally 3), office room. Urbanization with swimming pool, summer cafeteria, tennis courts, park area, parking. Terra Mitica and Terra Natura theme park in 5 minutes by car. La Marina shopping center and Carrefour also in 5 minutes. Mercadona just behind. Option to buy garage (in this price does not include).
Property Features
- 3 bedrooms
- 2 bathrooms
- 110m² Build size
- Communal Pool
- Tennis Court
- Elevator
- Balcony
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
24,500€
Final Payment of 90% on completion
247,500€
Property Purchase Expenses
Property price
275,000€
Transfer tax 8%
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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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.