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Ref: AG19151021
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Impressive penthouse on the first line of the Levante beach - La Fossa. This beautiful house has 3 bedrooms and 2 bathrooms, a large living room, kitchen and a spacious terrace with sea views.But not only that, since it includes a private garage and the building has a swimming pool and a tennis court within its facilities.
Property Features
- 4 bedrooms
- 2 bathrooms
- 166m² Build size
- Garden
- Secure door
- Double glazing
- Aircondition, Split system
- Heating, Central
- Parking, Garage
- Elevator
- Storage
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
49,500€
Final Payment of 90% on completion
472,500€
Property Purchase Expenses
Property price
525,000€
Transfer tax 8%
42,000€
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.