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Ref: AG19151994
Property marketed by Spain Property Shop S.L
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We are happy to present this fantastic apartment in the sought-after town of Algorfa, located a few meters from the lively Plaza de España. The property consists of 2 bedrooms, 2 bathrooms, fully furnished independent kitchen, laundry area and large living room with access to a spacious terrace where you will enjoy the good weather all year round. It is presented in perfect condition, ready to move into. Shall we schedule your visit? Contact for more information.
Property Features
- 2 bedrooms
- 2 bathrooms
- 82m² Build size
- Near bus route
- Heating, Central
- Elevator
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,200€
Final Payment of 90% on completion
82,800€
Property Purchase Expenses
Property price
92,000€
Transfer tax 8%
7,360€
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.