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Ref: AG19152001
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Apartment for sale in a great location in the Port! With lots of amenities being so close by like the supermarket, lovely tapas bars and restaurants, a bank, shops, hotels, and the sea being a minutes walk away, this apartment makes for a great investment. This property is 90m2 and is equipped with 3 bedrooms, 1 bathroom, a closed kitchen, a spacious living room and a terrace with views of the sea. A lift has been approved but not yet installed for the building. With a little bit of work, this apartment could be the perfect holiday home or even your forever home.
Property Features
- 3 bedrooms
- 1 bathroom
- 90m² Build size
- Parking, Garage
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
19,900€
Final Payment of 90% on completion
206,100€
Property Purchase Expenses
Property price
229,000€
Transfer tax 8%
18,320€
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.