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Ref: AG19MLSC2072434
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Renovated Apartment 250 Meters from the SeaThis bright, east-facing apartment has been fully renovated and is move-in ready. It features a living-dining room with an open-plan kitchen, 2 bedrooms, 1 bathroom, and a spacious terrace with views. Located in a peaceful residential area, the property includes access to a communal pool, communal parking, air conditioning, and is sold fully furnished. Additionally, it’s just 50 meters from supermarkets and shops.Key Features:2 bedrooms and 1 bathroom.Spacious terrace with views.Communal pool and parking.Air conditioning.Fully furnished.250 meters from the sea and 50 meters from shops and supermarkets.Annual Costs:IBI: €260Community fees: €500
Property Features
- 2 bedrooms
- 1 bathroom
- 65m² Build size
- Swimming Pool
- Veranda
- Sea view
- Aircondition, Split system
- Parking, Uncovered
- Pool, Private
- Elevator
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,000€
Final Payment of 90% on completion
144,000€
Property Purchase Expenses
Property price
160,000€
Transfer tax 8%
12,800€
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.