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Ref: 11564
Property marketed by Inmo Investments
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This well presented 1 bedroom, 1 bathroom Ground Floor Apartment is located on the popular urbanisation of Lomas Del Golf. A west facing front garden allows sun shine for most of the day as well as a shaded front terrace. Inside you have a spacious open plan lounge with sofa bed and seating area. There is a modern reformed bathroom and Kitchen with large bedroom situated at the rear. The urbanisation has the use of 9 communal pools and gardens and is only a short walk to the Villamartin Plaza and Golf Course.
Property Features
- 1 bedroom
- 1 bathroom
- 52m² Build size
- 90m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,500€
Final Payment of 90% on completion
103,496€
Property Purchase Expenses
Property price
114,995€
Transfer tax 8%
9,200€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.