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Ref: M274789
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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A unique investment opportunity in the centre of Benidorm, only 400 metres from the Levante beach.These photos are taken from the show room of the top floor, prices start at 146.000€ being that the price of the first floor, the sea views start from the 17th floor.A 1 bedroom flat in a residential complex situated in one of the best areas; surrounded by all kind of services, shops, restaurants and the best holiday offers.Ideal for renting or as a home.The proximity to various public transport, supermarkets and leisure facilities make these flats the ideal place for those looking for comfort and quality of life in Benidorm.There are different types of flats:Studios from 115000 Euros1 bedroom flats, 3 types of distribution from 146000 to 213000 Euros.All flats are sold empty, but include the renovations you see in the photos: wooden floors, air conditioning, fitted wardrobes, kitchen and bathroom. If desired, furniture can be included for +10.000€.Sea views start on the 17th floor.The flats have fully equipped kitchen, complete bathroom (shower cubicle, washbasin and mirror), air conditioning and terrace with panoramic views of the sea and Benidorm skyline.Communal areas:-Swimming pool-Tennis court-Communal parking300-400€ IBI expensesFor those interested in the investment option, there is the opportunity from day one for the rental management company of this building to take over the property and thus be able to generate income from day one, as all properties include the corresponding tourist licence.There is also the opportunity to hire a set of furniture that will be delivered and assembled quickly.
Property Features
- 1 bedroom
- 1 bathroom
- 59m² Build size
- Lift
- Parking
- open terrace
- doble glazing
- Terrace
- near the beach
- near the golf course
- X
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
15,300€
Final Payment of 90% on completion
164,700€
Property Purchase Expenses
Property price
183,000€
Transfer tax 8%
14,640€
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.