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Ref: JAD-45949
Property marketed by OLIVIA REAL ESTATE
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Spacious apartment located on the second floor. There is a living area of 95m2 consisting of a large living / dining room with access to the balcony, a modern separate kitchen with utility room , three bedrooms and two bathrooms , one of which is ensuite. Located in Almoradi, within walking distance of stores, bars and restaurants and just 15 minutes from the beaches of Guardamar del Segura.
Property Features
- 3 bedrooms
- 2 bathrooms
- 95m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,000€
Final Payment of 90% on completion
99,000€
Property Purchase Expenses
Property price
110,000€
Transfer tax 8%
8,800€
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.