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Ref: M277329
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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It is an apartment located in the center of La Mata, located on the 2nd line of the beach just 50 meters from the water and in the center next to all services.It has a constructed area of 75 m2 distributed in a living room, kitchen, 3 bedrooms and bathroom.It has a terrace facing East (Sun in the morning)It is sold furnished1st floor without elevatorCommunity: € 110 per yearIBI: € 187
Property Features
- 3 bedrooms
- 1 bathroom
- 75m² Build size
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,400€
Final Payment of 90% on completion
111,600€
Property Purchase Expenses
Property price
124,000€
Transfer tax 8%
9,920€
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.