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Ref: M268866
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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550m To Bars & Restaurants - Sunny Penthouse - Three Bedrooms - Fully ReformedThis fully-refurbished apartment is located in the popular and central urbanization of Albatros, just 550m from the bustling centre of new town Los Alcázares, with the vibrant and popular 525 hotel and strip with its bars, restaurants and supermarkets.The property has been carefully refurbished and redesigned by its current owner to maximise the space and create a clean, bright and functionable living space. Accessed via the first floor, the apartment offers a glazed terrace which can be completely opened, the perfect space to enjoy a morning coffee. The property enjoys a South West outlook and the front terrace overlooks the community walkway with Mediterranean plants and water fountains. Enter the property through the front door which can be accessed via this terrace, into a bright and open-plan living, dining and kitchen space.Two ample double bedrooms can be found on this floor as well as completely modernised bathroom with large walk-in shower.Follow the stairs to the top floor which consists of a large double bedroom with en-suite and sunny rooftop terrace. This provides the perfect self-contained sleeping space for an extended family, the terrace enjoys sun all day. The property has air conditioning throughout.The property has enjoyed a healthy rentals income since its refurbishment in 2018 and is offered fully-furnished and equipped for rent. It would also make the perfect permanent residence or lock-up and leave holiday home.Albatros is a secure, gated residential community which offers secure parking, community gardens and two pools: one for small infants and the other for adults and children over 12 years. Albatros is just 550m to the vibrant centre of Los Alcázares, 525 strip and less than a mile from the sandy beaches of the area.The nearest airports are in Murcia, Región de Murcia International Airport at 30 minutes and International Airport Alicante - Elche at 45 minutes by car, both with flights to national and international territories respectively.
Property Features
- 3 bedrooms
- 2 bathrooms
- 79m² Build size
- 97m² Plot size
- Solarium
- Garden
- Parking
- Close to Shops
- Close to Golf
- Terrace
- Air Con
- Gated Community
- Pool
- Close to Beach
- Fully Equipped
- Furnished kitchen
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,726€
Final Payment of 90% on completion
141,534€
Property Purchase Expenses
Property price
157,260€
Transfer tax 8%
12,581€
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.