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Ref: SV3896
Property marketed by Signature Villas SL
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This beautiful 2 bedroom apartment is located in a new apartment building which will be ready at the end of 2023. The apartment in question consists of a lounge with dining area, a fully equipped modern open kitchen, a double bedroom, a bathroom. And the master bedroom with bathroom en suite. All apartments have a parking space and a storage room. The complex has various facilities such as a spacious communal garden with swimming pool, paddle courts and various other facilities. Tevsn, on the eleventh floor of the right tower, there is a communal Spa area complete with indoor pool, saunas and Jacuzzi.
Property Features
- 2 bedrooms
- 2 bathrooms
- 112m² Build size
- Garage
- newly built
- air conditioning
- fitted wardrobes
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
28,700€
Final Payment of 90% on completion
285,300€
Property Purchase Expenses
Property price
317,000€
Transfer tax 8%
25,360€
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.