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Ref: M270472
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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The house is located a few minutes walk to the center of Felanitx, where there are different shops, restaurants and supermarkets. The house is located on a corner lot. The 3-storey property is distributed on the ground floor, a wide entrance hall, 1 bathroom with a bathtub, a fully furnished kitchen equipped with appliances with direct access to the patio, a storage room, a utility room with a fireplace, from the ground floor there is access by stairs to a Office in the basement with access also from the street and to the first floor, which is distributed in a spacious living room with fireplace and 1 double bedroom with an en-suite bathroom with bathtub and direct access to a small terrace and 1 single bedroom. On the first floor there are stairs that lead to a large loft with the possibility of using it as a double bedroom. The property is equipped with double glazing, a fireplace and is sold with furniture and ready to move into. The price does not include the corresponding taxes, property registration fees and notary fees.
Property Features
- 2 bedrooms
- 2 bathrooms
- 229m² Build size
- 141m² Plot size
- heating
- Telephone
- laundry
- Terrace
- Appliances
- Storeroom
- Kitchen Indep.
- Ceilings
- Light
- Water
- porch
- Furniture
- T. V.
- Corner
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
57,000€
Final Payment of 90% on completion
540,000€
Property Purchase Expenses
Property price
600,000€
Transfer tax 10%
60,000€
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.