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Ref: NAP041
Property marketed by Competa Properties S.L.
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This spacious ground floor apartment in the lively centre of Nerja is an excellent investment opportunity. With three bedrooms, a bright living room, separate kitchen and utility room, it offers potential for renovation and adaptation to personal taste.
Despite being on the ground floor, there are some steps up to the main entrance. In front of the building there are pleasant gardens with benches, and the nearby Plaza de la Ermita has green areas, local businesses and amenities such as supermarkets, banks, bars and restaurants.
Whether for renovation or as a comfortable retirement home, this flat is an attractive investment in Nerja. Contact us at Competa Properties and book a viewing to explore all the possibilities!’
Despite being on the ground floor, there are some steps up to the main entrance. In front of the building there are pleasant gardens with benches, and the nearby Plaza de la Ermita has green areas, local businesses and amenities such as supermarkets, banks, bars and restaurants.
Whether for renovation or as a comfortable retirement home, this flat is an attractive investment in Nerja. Contact us at Competa Properties and book a viewing to explore all the possibilities!’
Property Features
- 3 bedrooms
- 1 bathroom
- 80m² Build size
- 88m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,300€
Final Payment of 90% on completion
146,700€
Property Purchase Expenses
Property price
163,000€
Transfer tax 10%
16,300€
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.