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Ref: AG19150997
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This is an apartment located in the centre of La Mata with side sea views and facing south.It has an area of approximately 40 m2 distributed in an open-plan kitchen, living room, 1 full bathroom, a large bedroom and a small outdoor terrace.It is sold furnished and is ready to move into, very well maintained.Air conditioning.1st floor with liftYear of construction: 2004Community: €360 per yearIBI: €131
Property Features
- 1 bedroom
- 1 bathroom
- 40m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,600€
Final Payment of 90% on completion
86,400€
Property Purchase Expenses
Property price
96,000€
Transfer tax 8%
7,680€
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.