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Ref: AG19152031
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Unique frontline flat in Playa de Los Locos... and why is it unique?- 115m2 built, of which 25m2 is a lovely terrace- Separate kitchen and lounge/dining room, both exceptionally spacious- Underground parking space- Communal pool- Community with CCTV- Access for people with reduced mobilityAnd all of this only 25 meters from the sea!Surrounded by all the necessary services and amenities: supermarkets, bars, restaurants, pharmacies, bus stop... An opportunity to buy a magnificent flat as an investment, holiday home or permanent home
Property Features
- 2 bedrooms
- 1 bathroom
- 115m² Build size
- Swimming Pool
- Balcony
- Garden
- Corner
- Veranda
- Sea front
- Kitchen
- Kitchen appliances
- Aircondition, Split system
- Parking, Garage
- Pool, Communal
- Elevator
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
15,500€
Final Payment of 90% on completion
166,500€
Property Purchase Expenses
Property price
185,000€
Transfer tax 8%
14,800€
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.