3 bedroom Apartment for sale in Cabezo de Torres, Murcia, Spain

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Property marketed by J&B Invest Spain

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Bankrepossesions! Bargain! Opportunity for investors! , in Cabezo de Torres, a northern district of the municipality of Murcia, excellent location just a stone’s throw from the capital. The lot consists of 12 apartments , each with an attached storage room, plus 11 parking spaces. Properties to renovate or to complete. Building in good condition! Building with five floors above ground level plus two basement floors, has a single entrance and two stairs, each with its own lift. Homes with 3 bedrooms plus 2 bathrooms and 4 bedrooms plus 3 bathrooms, all with a large surface area, double orientation and cross ventilation. High profitability in the rental market as it is an area with high demand for rentals due to having all the services available and being very close to the centre of the capital of Murcia. Also excellent investment to resale, (when apartments are finished)!!!!! For more information or to request a visit, do not hesitate to contact us. Overview Apartment Property Type 3 Bedrooms 3 Bathrooms

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Property Features

3 bedrooms
3 bathrooms
commercial center
near medical center
near shopping center
near supermarkets
parking place
shutters
terrace

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

84,000€

Final Payment of 90% on completion

783,000€

Property Purchase Expenses

Property price

870,000€

Transfer tax 8%

69,600€

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.

Mortgage Calculator

Mortgage Amount:

870,000€

Deposit:

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Interest Rate:

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Mortgage Result

* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

Spanish Property News & Updates by Spain Property Portal.com

Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.