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BEUTIFUL 2 BED APARTMENT IN LOMA DE CAMPOAMORFEATURESBeautiful first-floor apartment Excellent condition ⛳ 400m from the golf course 96m² living space 2 bedrooms 2 en-suite bathrooms ☀ South-facing terrace of 21m² Sea views Furnished with an estimated value of ~€15,000 ⚒ Equipped kitchen Laundry room and storage space Secure community South and north orientation Year built: 2003 Communal pool Property tax (IBI): €257/year Community fee: €83/month Energy Certificate: E - 179 kWh/m² year E - 30 Kg CO2/m² year
Property Features
- 2 bedrooms
- 2 bathrooms
- 96m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
18,000€
Final Payment of 90% on completion
189,000€
Property Purchase Expenses
Property price
210,000€
Transfer tax 8%
16,800€
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.