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Ref: M286670
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Cozy 1-bedroom apartment with built-in wardrobe and ceiling fan, furnished living-dining room, American kitchen furnished and equipped with appliances, full bathroom with shower, 3-meter terrace with unobstructed views of green areas, north facing, community solarium. Includes a garage space of approximately 15 meters, with easy entry and exit access to the garage, 7 minutes walk to the sea, 10 minutes walk to the city center, close to shops, bars, pharmacy, etc. Housing community expenses: €26 / month Garage community expenses: €112 / year IBI housing expenses: €135 / year Garage IBI expenses: €35 / year
Property Features
- 1 bedroom
- 1 bathroom
- 43m² Build size
- Gym
- Near bus route
- Near Schools
- Near Trees
- Near Commercial Center
- Near Childrens Parks
- Elevator/Lift
- Double Bedrooms: 1
- Useable Build Space: 38 Msq.
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,290€
Final Payment of 90% on completion
101,610€
Property Purchase Expenses
Property price
112,900€
Transfer tax 8%
9,032€
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.