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Property marketed by Spanish Best Homes 2010, s.l.
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Nice apartment on the third floor with views of the sea and surroundings. Facing south. With 52m2 built, it consists of 1 large bedroom and 1 full bathroom, large living-dining room with open-plan kitchen. The house is sold furnished, equipped kitchen. A/C installed in each room. A few meters from the supermarket, restaurants, promenade, marina, and 500 meters from the beach.
Property Features
- 1 bedroom
- 1 bathroom
- 53m² Build size
- Swimming Pool
- Garage
- Garden
- 0 Pool
- Terrace
- Basement
- Air Conditioner
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,700€
Final Payment of 90% on completion
96,300€
Property Purchase Expenses
Property price
107,000€
Transfer tax 8%
8,560€
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.