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Ref: NAP043
Property marketed by Competa Properties S.L.
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Apartment 200 metres from the Torrecilla beach in Nerja. With 2 bedrooms, spacious lounge with air conditioning and modern fitted kitchen. Bedrooms with fitted wardrobes, complete bathroom with bathtub and laundry area. Outdoor terrace. Located in a building with lift and close to public parking. Don't miss this opportunity in the centre of Nerja. Call to visit it.
Property Features
- 2 bedrooms
- 1 bathroom
- 110m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
24,000€
Final Payment of 90% on completion
243,000€
Property Purchase Expenses
Property price
270,000€
Transfer tax 10%
27,000€
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.