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Ref: M270682
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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This large apartment on the 10th floor has magnificent views from a huge terrace area which wraps around the apartment. The property has 4 bedrooms and 2 large bathrooms. The property is fully furnished and was built in 1970. Lots of storage space, this property is in the middle of Oliva close to all shops and amenities. A beautiful penthouse apartment.
Property Features
- 4 bedrooms
- 2 bathrooms
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,600€
Final Payment of 90% on completion
176,400€
Property Purchase Expenses
Property price
196,000€
Transfer tax 10%
19,600€
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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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.