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Ref: M268958
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Townhouse in Fuengirola (actually Mijas) with three floors. At the moment it is rented for 800 Euros per month and there are 2 years left.1. basement, with garage, room and storage room.2. ground floor, with kitchen, rear terrace, living room with fireplace, toilet and front porch.3. First floor, three exterior bedrooms with built-in wardrobes and a bathroom.It is located in the Molino de Viento Complex, integrated into Fuengirola, with all the services of the city, but just 5 minutes from the highway, without the stress of the city.
Property Features
- 4 bedrooms
- 2 bathrooms
- 194m² Build size
- 114m² Plot size
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
32,000€
Final Payment of 90% on completion
315,000€
Property Purchase Expenses
Property price
350,000€
Transfer tax 10%
35,000€
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.