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Ref: M281218
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Economy studio in a stunning location 270 meters from Playa del Acequion beach, in an area with all the infrastructure, including a large green park. 36 meters of total area. The bathroom has been renovated, the rest requires renovation. A wonderful opportunity to customize the design and layout to suit your taste. Building 1992 Elevator 1st floor Big windows Large swimming pool for adults and children.
Property Features
- 1 bedroom
- 1 bathroom
- 36m² Build size
- Swimming Pool
- Communal Pool
- Near bus route
- Location: Coastal
- Elevator/Lift
- Single Bedrooms: 1
- Useable Build Space: 29 Msq.
- Beach: 270 Meters
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
3,700€
Final Payment of 90% on completion
60,300€
Property Purchase Expenses
Property price
67,000€
Transfer tax 8%
5,360€
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.