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Property marketed by Inmo Investments
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Apartment in Playa Flamenca. This first floor home is located in a quiet and pleasant area with all kinds of services nearby, such as shops, restaurants, school, bars, and more. The apartment offers 2 bedrooms, a bathroom, living/dining room, a fully equipped kitchen, and a lovely enclosed terrace that adds a special touch to the space. It is sold fully furnished and equipped, ready to move in.
It is an excellent opportunity to have a home, ideal for living year-round or enjoying perfect vacations. It's also a very good option as a rental investment.
It is an excellent opportunity to have a home, ideal for living year-round or enjoying perfect vacations. It's also a very good option as a rental investment.
Property Features
- 2 bedrooms
- 1 bathroom
- 64m² Build size
- No pool
- Terrace
- Key ready
- White Goods
- One level
- Walking Distance to Amenities
- Built-in Wardrobes
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,900€
Final Payment of 90% on completion
98,100€
Property Purchase Expenses
Property price
109,000€
Transfer tax 8%
8,720€
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.