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Ref: M268471
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Excellent bright and comfortable apartment in Formentera del Segura area, 73 m. of surface, 10000 m. from the beach, a double bedroom and a single bedroom, a bathroom, property to move into, equipped kitchen. Extras: fitted closets, elevator, balcony, furniture, communal pool, terrace, video intercom, buses, central, parks, supermarkets, open views.
Property Features
- 2 bedrooms
- 1 bathroom
- 73m² Build size
- Swimming Pool
- Communal Pool
- Near bus route
- Elevator/Lift
- Beach: 10000 Meters
- Useable Build Space: 65 Msq.
- Single Bedrooms: 1, Double Bedrooms: 1
- X
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
3,390€
Final Payment of 90% on completion
57,510€
Property Purchase Expenses
Property price
63,900€
Transfer tax 8%
5,112€
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.