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Ref: M271710
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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This charming bungalow is situated only 1.7 km from the beautiful beach in Moraira. It is part of a small urbanisation and as such benefits from communal gardens and pools.The property has a lovely garden with off road parking for 2 vehicles .The bedrooms are both bright spacious doubles with built in wardrobes.The bathroom is spacious and modern and the open plan kitchen is fully equipped and overlooks the large living room, with an archway through to the dining room and access to the back garden.The property also benefits from air conditioning throughout and an open fire in the living room.
Property Features
- 2 bedrooms
- 1 bathroom
- 66m² Build size
- 180m² Plot size
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
21,900€
Final Payment of 90% on completion
224,100€
Property Purchase Expenses
Property price
249,000€
Transfer tax 8%
19,920€
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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Spanish Property News & Updates by Spain Property Portal.com
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.