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Ref: CT-48124
Property marketed by Vivacosta
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Apartment of recent construction in a modern style with very good qualities, is located on the second line of the sea two steps from the Cantal beach, from the terrace and any part of the house, you can see the stunning views of the sea and Peñón de Ifach. Possibility of buying a parking space.
Property Features
- 3 bedrooms
- 2 bathrooms
- 90m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
69,500€
Final Payment of 90% on completion
652,500€
Property Purchase Expenses
Property price
725,000€
Transfer tax 8%
58,000€
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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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.