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Ref: M270321
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Fully renovated luxury 3-bedroom ground floor apartment in Bahia del Velerín. Beachfront, south-west facing, quiet and private. Direct access to the beach.Large living and dining room with fully equipped open kitchen (Neff appliances).An en-suite bedroom with its own bathroom and two guest bedrooms sharing a bathroom. Underground parking space and storage room.Direct access from living room to large balcony with natural common space and greeneryCommunal gardens and swimming pool.Great location near the famous Chiringuito El Velerin and walking distance to Laguna Village.All amenities within 5 minutes' drive.Furniture is included in the price.
Property Features
- 3 bedrooms
- 2 bathrooms
- 122m² Build size
- Swimming Pool
- Condition - Excellent
- Garden - Communal
- Category - Investment
- Category - Holiday Homes
- Kitchen - Fully Fitted
- Features - Private Terrace
- Features - Lift
- Climate Control - Hot A/C
- Climate Control - Cold A/C
- Features - Utility Room
- Features - Solarium
- Climate Control - Air Conditioning
- Features - Double Glazing
- Features - Covered Terrace
- Category - Beachfront
- Features - Gym
- Climate Control - U/F/H Bathrooms
- Category - Luxury
- Category - Contemporary
- X
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
116,500€
Final Payment of 90% on completion
1,075,500€
Property Purchase Expenses
Property price
1,195,000€
Transfer tax 10%
119,500€
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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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.