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Ref: M268341
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Ground Floor Apartment, Calahonda de Mijas, Costa del Sol.2 Bedrooms, 2 Bathrooms, Built 86 m².Possibility of turistic licence !Setting : Close To Sea, Urbanisation.Condition : Excellent.Pool : Communal.Features : Fitted Wardrobes, Near Transport, Private Terrace, Double Glazing.Kitchen : Fully Fitted.Garden : Communal, Private.Category : Investment, Reduced.
Property Features
- 2 bedrooms
- 2 bathrooms
- 86m² Build size
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
17,750€
Final Payment of 90% on completion
186,750€
Property Purchase Expenses
Property price
207,500€
Transfer tax 10%
20,750€
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.