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Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Townhouse, Fuengirola pueblo López, Costa del Sol.2 Bedrooms, 1.5 Bathrooms, Built 84 m².Setting : Town.Condition : Good.Features : Fitted Wardrobes, Near Transport, Private Terrace.Furniture : Fully Furnished.Kitchen : Fully Fitted.Parking : Private.Category : Investment, Reduced.
Property Features
- 2 bedrooms
- 1 bathroom
- 84m² Build size
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
34,250€
Final Payment of 90% on completion
335,250€
Property Purchase Expenses
Property price
372,500€
Transfer tax 10%
37,250€
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.