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Ref: M269265
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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This is a cozy terraced house in the authentic area of Moncayo. The house has 1 bedroom, 1 extra room without window, 1 complete bathroom with shower and 1 toilet. There is plenty of space to enjoy the sun as the house has a terrace at the entrance and a roof terrace. In the garage there is plenty of space for the car and also storage. In the area there is a communal pool, playground and tennis court. Legal costs and VAT are not included in the price.
Property Features
- 1 bedroom
- 1 bathroom
- 65m² Build size
- 70m² Plot size
- Swimming Pool
- Communal Pool
- Location: Coastal, Urbanisation
- Near Childrens Parks
- Under-Build / Basement
- Terrace: 13 Msq.
- Double Bedrooms: 1
- Heating: Yes, Air Conditioning: Yes
- WC: 1
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,200€
Final Payment of 90% on completion
100,800€
Property Purchase Expenses
Property price
112,000€
Transfer tax 8%
8,960€
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.