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Ref: AG19151690
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Discover your new home by the sea! This amazing two bedroom flat, recently refurbished in its entirety, is waiting for you. Located very close to the beach and only 50 meters from the fair of Lo Pagan, the beach of Villananitos, and the marina! Enjoy a spacious living-dining room with a modern American kitchen from the prestigious **Schmidt**. Equipped with all top of the range **Zanussi** appliances. The flat has two double bedrooms with double beds, and a bathroom with a modern and sophisticated design, screen and window. In addition, relax in a cosy patio with barbecue included, with table, chairs to enjoy good times with friends and family, ideal for your outdoor gatherings! The integral reform of the property includes new plumbing and electricity, pre-installation of air conditioning in all rooms, wooden floors, white lacquered doors, and PVC windows **Kommerling**. The bathrooms and kitchen have large format tiles. All the furniture and electrical appliances are brand new. Located in the **neuralgic centre of Lo Pagán**, surrounded by shops, restaurants and leisure facilities, this flat is a unique opportunity to enjoy a high profitability in tourist rentals. We also have another ground floor and two first floors in the same building, so don't miss this opportunity, come and discover it!
Property Features
- 2 bedrooms
- 1 bathroom
- 63m² Build size
- Veranda
- Near bus route
- Aircondition, Split system
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,750€
Final Payment of 90% on completion
123,750€
Property Purchase Expenses
Property price
137,500€
Transfer tax 8%
11,000€
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.