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Ref: M270539
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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This property is a stones throw from the sea, it is on the second line of the beach. Close to all amenities, on quiet private area called Sector 5 onOliva Playa. Fully fitted kitchen, open plan dining area. Modern upstairs bedroom with well fitted family bathroom.A great property, ready to move in.Fabulous for Airbnb rentals. approx. Summer Rental 80euro; per night for July/August and part of September.
Property Features
- 1 bedroom
- 1 bathroom
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,500€
Final Payment of 90% on completion
139,500€
Property Purchase Expenses
Property price
155,000€
Transfer tax 10%
15,500€
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.