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Ref: M269479
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Two bedroom/1 bathroom apartment in Formentera del Segura. Property has access to a communal swimming pool, 2 terraces, independent kitchen, barbecue area in private solarium, etc. There is a view to community pool from the window in a kitchen and one of bedrooms. It is being sold fully furnished, each bedroom has fitted wardrobe and also there are additionaly 3 sofa-beds, air condition included. It is first floor in a building with elevator. Close to the center: school, health center, shops and bars are in a walking distance. Year tax (IBI) - 131,95 €/yearCommunity - 187 €/quarter
Property Features
- 2 bedrooms
- 1 bathroom
- 70m² Build size
- Swimming Pool
- Communal Pool
- Solarium
- Close to Shops
- Balcon
- Gated Community
- aire acondicionado
- Roof solarium
- Home appliances
- Solarium: Yes
- Cocina Independiente
- X
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,799€
Final Payment of 90% on completion
70,191€
Property Purchase Expenses
Property price
77,990€
Transfer tax 8%
6,239€
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.