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Ref: M269730
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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It is an apartment located in the center of La Mata, just 200 meters from the beach and next to all services.It has an area of approximately 54 m2, distributed in a living-dining room, an American kitchen, 2 bedrooms, 1 bathroom and a west-facing terrace.It is in perfect condition and very well maintained. The kitchen is renovated.It is a 2nd floor with an elevator.Community: €380 per yearIBI: €164
Property Features
- 2 bedrooms
- 1 bathroom
- 54m² Build size
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,800€
Final Payment of 90% on completion
97,200€
Property Purchase Expenses
Property price
108,000€
Transfer tax 8%
8,640€
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.