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Ref: M270976
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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We present this beautiful property located in the area with the greatest influx of tourists and travellers in the city: the Levante neighbourhood.With the advantage of having a sought-after tourist license, this property is more than positioned in the market to start giving results from day one.Completely renovated with a modern look, it consists of 1 living-dining room with fitted kitchen, a double bedroom with built-in wardrobe and a bathroom with shower. All rooms have air conditioning and fans.The urbanization has parking, swimming pool and garden.There is communal parking (not numbered)IBI: around 200€Community fees: 185€ per quarter (water included)
Property Features
- 1 bedroom
- 1 bathroom
- 70m² Build size
- Covered Terrace
- Lift
- Garden
- air conditioning yes
- near the beach
- X
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,000€
Final Payment of 90% on completion
153,000€
Property Purchase Expenses
Property price
170,000€
Transfer tax 8%
13,600€
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.