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Ref: AG19151153
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Alicante, La Albufereta, 7th floor apartment facing the sea, 93 m2 home with 2 bedrooms (one of the bedrooms has direct access to the terrace), bathroom, large independent kitchen, large living room and beautiful terrace, the home is sold furnished and the residential has communal parking, several tennis courts and a communal pool.
Property Features
- 2 bedrooms
- 1 bathroom
- 93m² Build size
- Swimming Pool
- Veranda
- Pool, Communal
- Elevator
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
29,900€
Final Payment of 90% on completion
296,100€
Property Purchase Expenses
Property price
329,000€
Transfer tax 8%
26,320€
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.