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Ref: M269065
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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This property is a quintessential Spanish townhouse with immense potential, though it requires some updating. Spanning two levels, the first floor boasts two bedrooms, a bathroom, a fully fitted kitchen, and a charming patio. Ascending to the second level, you'll find an additional two bedrooms, another bathroom, a terrace, and a cozy living room complete with a fireplace and a well-equipped kitchen. The property also features a rooftop terrace with a barbecue area, providing a delightful space for outdoor enjoyment.his property is situated in the village of Manilva, offering the convenience of nearby shops and bars. With only a 5-minute drive to Duquesa Port, you can easily access its vibrant atmosphere and amenities. Additionally, the property is well-connected, with a 15-minute drive to Estepona, providing you with further opportunities for leisure, dining, and exploration in the surrounding area.
Property Features
- 4 bedrooms
- 1 bathroom
- 101m² Build size
- Sea View
- Orientation - South
- Setting - Close To Shops
- Setting - Village
- Setting - Close To Schools
- Views - Mountain
- Features - Fiber Optic
- Category - Investment
- Category - Resale
- Kitchen - Fully Fitted
- Parking - Street
- Features - Private Terrace
- Features - Fitted Wardrobes
- Utilities - Electricity
- Utilities - Drinkable Water
- Condition - Renovation Required
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
20,500€
Final Payment of 90% on completion
211,500€
Property Purchase Expenses
Property price
235,000€
Transfer tax 10%
23,500€
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.