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Ref: M270863
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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This cozy apartment is located on the second floor of the Lomas Playa IV complex. The home has 1 bedroom and 1 bathroom with shower adjacent to the bedroom. There is also a balcony with morning sun and the Mediterranean Sea as a view in the bedroom. The bright living room has enough space for both a sofa and a dining area. Here, too, there is a balcony, but with sun from midday til evening. The kitchen is connected to the living room and is fully equipped. In the area there is a shared pool and it is only a few hundred meters to La Mata beach. Grocery stores, restaurants and bars are within walking distance. The apartment has a tourist license and can therefore be rented out without problems. Legal costs and VAT are not included in the price.
Property Features
- 1 bedroom
- 1 bathroom
- 44m² Build size
- Swimming Pool
- Communal Pool
- Near bus route
- Near Schools
- Near Commercial Center
- Location: Coastal, Urbanisation
- Near Childrens Parks
- Double Bedrooms: 1
- Heating: Yes, Air Conditioning: Yes
- Useable Build Space: 37 Msq.
- E
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,400€
Final Payment of 90% on completion
120,600€
Property Purchase Expenses
Property price
134,000€
Transfer tax 8%
10,720€
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.