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Ref: AG19152004
Property marketed by Spain Property Shop S.L
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This lovely bungalow is situated in a great location, it is very close to the sea, the supermarket and restaurants, all while being a short walk to the Arenal and the port, this gives you the freedom of not having to use your car everywhere you go. On the ground floor of this bungalow, we find a very spacious, fully equipped and independant kitchen, a large living/dining room with a brick feature wall, giving it a very unique touch, we also find a generously sized double bedroom and a downstairs bathroom. The large terrace can be accessed through the living/dining room and is the perfect place for dining al fresco and to enjoy views of the Montgo. On the first floor, we find 3 double and spacious bedrooms with built-in wardrobes and 2 bathrooms, one of the bathrooms being an en-suite, ensuring you and your guests more privacy. Included with this property, is a basement which is being used as a garage and storage room. If you're looking for your forever home or a second home in Spain, this bungalow is worth a visit!
Property Features
- 4 bedrooms
- 3 bathrooms
- 220m² Build size
- Garden
- Double glazing
- Satellite TV
- Aircondition, Split system
- Parking, Garage
- Storage
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
41,400€
Final Payment of 90% on completion
399,600€
Property Purchase Expenses
Property price
444,000€
Transfer tax 8%
35,520€
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.