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Ref: R4859551
Property marketed by Your Property in Spain S.L
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Great opportunity to purchase a an apartment just a stone's throw from the magnificent Montemar beach and a short stroll from Benalmádena marina. The urbanization has well maintained gardens and a delightful pool. If you are looking for an investment, a holiday home or a permanent residence, this property really should be given your consideration.
Property Features
- 1 bedroom
- 1 bathroom
- 66m² Build size
- Swimming Pool
- good condition
- near transport
- close to town
- close to the sea
- first line beach
- fitted kitchen
- electricity
- water
- telephone
- community garden
- terrace
- covered terrace
- communal pool
- gated complex
- lift
- fitted wardrobes
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
19,500€
Final Payment of 90% on completion
202,500€
Property Purchase Expenses
Property price
225,000€
Transfer tax 10%
22,500€
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.