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Ref: M271886
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Bungalow on the top floor with internal stairs to private roof terrace. Located to the south, so sun on the terrace all day. The home has a new kitchen in 2020 and appears to be brand new. Sold with all furniture and appliances, except TV. The home has new air conditioning in the living room / kitchen.Communal swimming pool. Short way to the shopping center La Zenia Bulevard.The home is currently let on a long-term contract and a rent of EUR 6.792 per year.
Property Features
- 2 bedrooms
- 1 bathroom
- 58m² Build size
- Communal Pool
- Air Conditioning
- Roof terrace
- Nice Views
- Open Plan Kitchen
- Quiet Zone
- Security grilles
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,900€
Final Payment of 90% on completion
116,100€
Property Purchase Expenses
Property price
129,000€
Transfer tax 8%
10,320€
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.