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Ref: M270214
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Apartment in the center of Guardamar just 600 meters from the beach. The apartment, which has a total of 129 m2, consists of 3 bedrooms, 2 bathrooms, a separate kitchen, large living room and a covered terrace. In the basement there are a garage and a storage. The property that was built in 1990 has an elevator. The apartment has preinstallation for AC, is in good condition and is sold furnished.
Property Features
- 3 bedrooms
- 2 bathrooms
- 129m² Build size
- Basement
- Terrace
- air conditioning pre-Installation
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,000€
Final Payment of 90% on completion
108,000€
Property Purchase Expenses
Property price
120,000€
Transfer tax 8%
9,600€
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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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.