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Ref: M269460
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Beachfront - Incredible Views - Lo Pagan - Three BedroomThis fourth floor apartment on the sea front of the beautiful and ever popular seaside town of Lo Pagan has been lovingly restored and refurbished by its current owner, maximising the views, light and space to the full. With panoramic views of the Mar Menor, to La Manga Strip in the distance, the property offers unparalleled views and all day sun.The property offers three ample bedrooms, two bathrooms, open plan living, dining and fully equipped kitchen and terrace.The property has enjoyed a healthy rental income since its refurbishment and is offered for sale fully rental ready, sold fully furnished and equipped this apartment would make the perfect rental property, lock up and leave holiday home or indeed permanent residence.The property has access to a communal rooftop solarium and the building offers a lift. The property enjoys low community fees of approx. 200€ per quarter. Seafront Panoramic Views Three Bedrooms Two Bathrooms Sold Fully Furnished and Equipped
Property Features
- 3 bedrooms
- 2 bathrooms
- 90m² Build size
- 90m² Plot size
- sea views
- Beach front
- Key ready
- Close to Shops
- Terrace
- Kitchen appliances
- Air Con
- Beach
- Close to Beach
- Fully Equipped
- Furnished kitchen
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
23,000€
Final Payment of 90% on completion
234,000€
Property Purchase Expenses
Property price
260,000€
Transfer tax 8%
20,800€
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.