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Ref: M272417
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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A south facing two bedroom ground floor apartment 200 m from the Mediterranean.Located 15 minutes walk from the Punta Prima shopping centers with a wide range of bars, restaurants and shops.Fully furnished. A large glazed in terrace area with access to the communal terrace.
Property Features
- 2 bedrooms
- 1 bathroom
- Fitted Wardrobes
- walking distance to beach
- Walking distance to shops, restaurants...
- Close to medical centre
- 2 Entrances
- Open Plan Kitchen
- Close to local/National bus routes
- Covered Seating Area
- Multi National Satellite TV
- Possible rental income
- X
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,500€
Final Payment of 90% on completion
112,500€
Property Purchase Expenses
Property price
125,000€
Transfer tax 8%
10,000€
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.