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Ref: M270000
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Business, Benalmadena, Costa del Sol.4 Bedrooms, 6 Bathrooms, Built 1100 m², Terrace 170 m².Setting : Town, Commercial Area, Close To Schools.Orientation : South.Condition : Good.Pool : Private.Climate Control : Air Conditioning.Views : Sea, Panoramic, Urban, Street.Features : Lift, Fitted Wardrobes, Near Transport, Private Terrace, Storage Room, Utility Room, Ensuite Bathroom, Jacuzzi, Barbeque, Double Glazing, Courtesy Bus.Furniture : Not Furnished.Kitchen : Fully Fitted.Parking : More Than One, Private.Utilities : Electricity, Drinkable Water, Telephone.
Property Features
- 4 bedrooms
- 6 bathrooms
- 1,100m² Build size
- Swimming Pool
- Private Pool
- Condition - Good
- Orientation - South
- Parking - Private
- Setting - Close To Schools
- Kitchen - Fully Fitted
- Features - Near Transport
- Features - Courtesy Bus
- Features - Ensuite Bathroom
- Features - Storage Room
- Features - Private Terrace
- Features - Fitted Wardrobes
- Features - Lift
- Features - Utility Room
- Climate Control - Air Conditioning
- Features - Double Glazing
- Features - Barbeque
- Features - Jacuzzi
- Parking - More Than One
- X
- Not Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
155,500€
Final Payment of 90% on completion
1,426,500€
Property Purchase Expenses
Property price
1,585,000€
Transfer tax 10%
158,500€
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.