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Ref: AG19151049
Property marketed by Spain Property Shop S.L
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We present to you this fabulous corner top-floor bungalow with 2 bedrooms and 1 bathroom, ideal for renovation. Located in an area with excellent connections to shopping centers, public transport, and just 3 km from the beach, this south-facing bungalow is the perfect opportunity to create your new home from scratch. This property is ready for you to give it a personal touch, adapting it to your needs and dreams, all at an unbeatable price. Don’t miss the chance to have the perfect home on the Costa Blanca. The bungalow is distributed over two floors, with a spacious terrace at the entrance that includes a storage room and a covered area, ideal for enjoying barbecues or even installing a small pool. Upstairs, you’ll find another terrace with views of the avenue. Inside, the property features a living room with an open-plan kitchen, 2 bedrooms, and a bathroom with a window.
Property Features
- 2 bedrooms
- 1 bathroom
- 60m² Build size
- Near bus route
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,000€
Final Payment of 90% on completion
62,999€
Property Purchase Expenses
Property price
69,999€
Transfer tax 8%
5,600€
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.