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Ref: AG19152303
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Apartment 500m from La Mata BeachBeautiful apartment with 2 bedrooms, 1 bathroom, an American-style kitchen, and a sunny terrace.The property is on the first floor with a southwest orientation, receiving sunlight nearly all day.Located in a private residential complex with 2 communal pools, it’s very close to shops, restaurants, and supermarkets.Features2 bedrooms and 1 bathroomTerrace overlooking communal areasSouthwest orientationAir conditioningLift2 communal pools
Property Features
- 2 bedrooms
- 1 bathroom
- 63m² Build size
- Swimming Pool
- Veranda
- Pool, Private
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,900€
Final Payment of 90% on completion
143,100€
Property Purchase Expenses
Property price
159,000€
Transfer tax 8%
12,720€
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.