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Ref: 60-6325-4
Property marketed by Javea Estates
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This spacious 3 bedroom apartment is located in a new apartment building that will be completed by the end of 2025. The apartment in question consists of an entrance hall, a spacious living-dining room, a fully equipped modern open kitchen, a double bedroom with a dressing room and en suite bathroom and two double bedrooms sharing a bathroom. All apartments have a parking space and a storage room. The complex has various facilities such as a spacious communal garden with a swimming pool, paddle courts and various other facilities. Also, on the eleventh floor of the right tower there is a communal Spa area complete with an indoor pool, saunas and a Jacuzzi.
Property Features
- 3 bedrooms
- 2 bathrooms
- 122m² Build size
- Air Conditioning
- Balcony
- Built-in cabinets
- Double glazing
- Electric shutters
- Garage
- Storage
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
65,000€
Final Payment of 90% on completion
612,000€
Property Purchase Expenses
Property price
680,000€
Transfer tax 8%
54,400€
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.