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Ref: JAD-75811
Property marketed by OLIVIA REAL ESTATE
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Very spacious apartment , originally , located on the third floor in the center of Almoradi.There is a living area of 230 m2 , consisting of a living room with fireplace and access to a glazed balcony , a separate kitchen with dining area and utility room, four bedrooms and three bathrooms.Located in the heart of town within walking distance to all amenities, stores, bars and restaurants. Almoradi is known for its weekly market , only 15 minutes drive to the beautiful sandy beaches of Guardamar and 30 minutes to Alicante airport.
Property Features
- 4 bedrooms
- 3 bathrooms
- 267m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,000€
Final Payment of 90% on completion
126,000€
Property Purchase Expenses
Property price
140,000€
Transfer tax 8%
11,200€
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.