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Ref: SV3594
Property marketed by Signature Villas SL
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This flat is located at walking distance from Finestrat beach, Benidorm's promenade La Poniente and the shopping centre La Marina. The property consists of a spacious living-dining room, a kitchen, a bedroom, 2 bathrooms of which 1 is en suite, a terrace on the south side and a covered terrace on the north side. You also have a private garage and a storage room. The building also has a communal infinity pool with jacuzzi and a garden. There are several flats available in this building including penthouses.
Property Features
- 1 bedroom
- 2 bathrooms
- 95m² Build size
- Garage
- Lift
- newly built
- air conditioning
- floor heating
- fitted wardrobes
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
25,040€
Final Payment of 90% on completion
252,360€
Property Purchase Expenses
Property price
280,400€
Transfer tax 8%
22,432€
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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Spanish Property News & Updates by Spain Property Portal.com
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.