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Ref: M269126
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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We are pleased to offer this 2 bedroom apartment in the popular urbanisation El Rincon. The property benefits from ducted air conditioning, utility room with boiler and storage, an open plan modern fitted kitchen with dining area, living room and patio door to the sun balcony which gets afternoon sun. The 2 bedrooms each having en-suite, one with a shower the other has a bath. The property is perfect for holidays as its location is central to everything, shops, bars, restaurants and the white sandy beaches, many championship golf courses a short drive away
Property Features
- 2 bedrooms
- 1 bathroom
- Lift
- Storage Room
- Utility Room
- Security Grills
- alarm
- internet possible
- Communal garden
- En suite
- near golf
- Private Parking
- telephone possible
- Sun terrace
- 5 mins to the Shops on Foot
- 5 mins to the Beach on Foot
- Scenic Views
- DISABLED Friendly
- Water Connected
- Electricity Connected
- Orientation: Northwest
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,000€
Final Payment of 90% on completion
116,999€
Property Purchase Expenses
Property price
129,999€
Transfer tax 8%
10,400€
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.