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Ref: kf209924142910387296
Property marketed by Spanish Best Homes 2010, s.l.
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1st line in Los Locos with frontal sea views, tourist licence and pool! . . We offer you this beautiful apartment with 2 bedrooms, 1 bathroom, kitchen open to the living-dining room and terrace with beautiful frontal sea views, only 50 metres from Los Locos beach. . . All in good condition, with air conditioning and ducted heating, in a well kept building with communal pool. . . A great investment to rent and/or enjoy your holidays. . . Surrounded by all services and amenities: bus stop, 24 hours supermarket, bars, restaurants, health centre, good access to the Alicante road and 45 minutes from the airport. Everything you need and next to the sea!. . EXCLUSIVE!
Property Features
- 2 bedrooms
- 1 bathroom
- 71m² Build size
- Swimming Pool
- Garage
- Garden
- 1 Pool
- Terrace
- Basement
- Air Conditioner
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
15,950€
Final Payment of 90% on completion
170,550€
Property Purchase Expenses
Property price
189,500€
Transfer tax 8%
15,160€
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.