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Property marketed by In Sun Properties Spain S.L
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NEW BUILD APARTMENTS IN ALICANTE CITY Magnificent new Build residential of 60 apartments of 2 and 3 bedrooms in Alicante city where you will be able to enjoy the luminosity of Alicante every day of the year. The urbanization has a solarium with infinity pool on the top of the building with exceptional sea views and a large gym to get in shape without leaving the building. In addition, the development also has space for bicycles space for bicycles. An options for garage and storage room at an extra cost. Located in the middle of the Costa Blanca, Alicante is one most important tourist destinations in the Spanish east coast. The many golf courses, along with the tranquil waters of the Mediterranean Sea, are part of the appeal of this beautiful harbour city, which sits at the foot of the Castle of Santa Barbara, a silent witness to the numerous civilisations to have settled here. The coastline is, without a doubt, the favourite recreational spot for the people of Alicante. The Explanada de España promenade, located across from the port, is a lively boulevard dotted with terraces and pavement cafes.
Property Features
- 3 bedrooms
- 2 bathrooms
- 97m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
30,700€
Final Payment of 90% on completion
303,300€
Property Purchase Expenses
Property price
337,000€
Transfer tax 8%
26,960€
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.