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Ref: DMC4381K
Property marketed by Dream Home In The Sun
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This renovated top-floor apartment in Santiago de la Ribera is a gem, offering a blend of modern design and convenience. Situated just a 4-minute walk from the beach, the 74 mandsup2; property boasts three bedrooms, all with built-in wardrobes, and one bathroom adorned with exotic tiles that add a touch of luxury. The interior is bright and airy, painted in a crisp white and furnished with modern, stylish furniture, all of which is included in the sale price. The apartment features a west-facing orientation, ensuring plenty of natural light, and comes with air conditioning for comfort. Additionally, it offers both a front terrace with open views and a back terrace, providing ample outdoor space for relaxation or entertaining. This property has been renovated to a very high standard, making it a perfect move-in-ready home or investment opportunity in a prime coastal location. No Community fees.
Property Features
- 3 bedrooms
- 1 bathroom
- Walking distance to amenities
- Near supermarket
- Independent Kitchen
- Fully Furnished
- Fully equipped kitchen
- Exterior views
- All kitchen appliances
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,700€
Final Payment of 90% on completion
96,300€
Property Purchase Expenses
Property price
107,000€
Transfer tax 8%
8,560€
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.