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Ref: kf209924155967255936
Property marketed by Spanish Best Homes 2010, s.l.
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Guardamar, Pórtico Mediterráneo Residential in Moncayo South-facing top floor corner bungalow, 55 m2 home with 2 bedrooms, bathroom, open-plan kitchen and living room, glazed terrace and private solarium with pergola, barbecue area, Jacuzzi and views of the sea and the natural park. The home is sold furnished with air conditioning, communal parking and communal pool.
Property Features
- 2 bedrooms
- 1 bathroom
- 55m² 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%
9,490€
Final Payment of 90% on completion
112,410€
Property Purchase Expenses
Property price
124,900€
Transfer tax 8%
9,992€
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.