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Ref: M282288
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Welcome to this lovely apartment on Cumbre del Sol. We walk in to find the cozy living/dining room with doors to the outside terrace, and the american kitchen to our left. The terrace has gorgeous views of the valley and some views of one of the swimming pools; the terrace is a place where you could dine alfresco, do some morning yoga or enjoy some drinks with friends or enjoy the calmness of the mountains. The apartment is equipped with 2 bedrooms, one of which has views of the valley, and it has 1 bathroom. The urbanization includes 3 community pools of 17x40m open all year round. It is in a great location with services and beaches very near. There is parking available.
Property Features
- 2 bedrooms
- 1 bathroom
- 70m² Build size
- Air Conditioning Hot and Cold
- Satelite TV
- Fenced plot
- Internet
- outdoor shower
- doble glazing
- near the beach
- orientation: Sur-este
- heating aIRCONDITIONED
- urbanization: Cumbres del sol
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,500€
Final Payment of 90% on completion
175,500€
Property Purchase Expenses
Property price
195,000€
Transfer tax 8%
15,600€
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.