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Ref: M271510
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Apartment with terrace and views of the mountains and the sea, in Benidorm. This apartment has two spacious bedrooms and two bathrooms. There is an American-style fitted kitchen. There is also air conditioning, a storage room and a parking space in the covered car park. The apartment is renovated and has new German windows. Close to all amenities and Pognento beach.
Property Features
- 2 bedrooms
- 2 bathrooms
- 105m² Build size
- Covered Terrace
- Lift
- Storage Room
- Garage
- doble glazing
- air conditioning yes
- near the beach
- X
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
23,500€
Final Payment of 90% on completion
238,500€
Property Purchase Expenses
Property price
265,000€
Transfer tax 8%
21,200€
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.