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Ref: M270110
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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This large property is very close to Sector 5 on Oliva Beach. The property consists of 4 large fully finished apartments, 2 x 2 bedroom and 2 x 3 bedroom.This property does not have a Certificate of Habition, due to this legal registration it cannot be legally be rented/cannot get a mortgage on this property.This property has 1 title deedj for all 4 apartments.Land and Swimming Pool.All apartments are top notch, no humidity, clean lines and very well finished.Very quiet location with magnificent views of the mountains.
Property Features
- 8 bedrooms
- 4 bathrooms
- 400m² Build size
- 1,000m² Plot size
- Swimming Pool
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
31,000€
Final Payment of 90% on completion
306,000€
Property Purchase Expenses
Property price
340,000€
Transfer tax 10%
34,000€
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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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.