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Ref: JAD-59291
Property marketed by OLIVIA REAL ESTATE
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Ground-floor appartment with large private terrace of 60 m2.Consisting of 2 bedrooms, 1 bathroom, American kitchen and a spacious living room with access to the terrace.Extras include: aluminium exterior carpentry that closes and opens for more privacy, pool views, south facing , air conditioning and ceiling fans in bedrooms and living room, automatic shutters with remote control, security bars on front door and windows, mosquito nets, shared roof terrace, 3 entrances and exits to the urbanisation. Adapted for people with limited mobility or disabilities.It has a communal pool and parking, excellent location.Close to all amenities such as bars, restaurants, health centre, supermarkets, bus stop.
Property Features
- 2 bedrooms
- 2 bathrooms
- 70m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,500€
Final Payment of 90% on completion
112,500€
Property Purchase Expenses
Property price
125,000€
Transfer tax 8%
10,000€
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.