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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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.