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Ref: M287021
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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A ground-floor apartment is available for sale in the town centre of Benitachell, with all services within walking distance. The apartment is located in a building with an elevation and a rooftop terrace featuring a communal pool. It boasts a constructed surface of 70 m2, with 55 m2 of usable area, two bedrooms, one bathroom, a small courtyard terrace, and an open-plan living space with a modern kitchen. The apartment is sold with a parking bay in the underground garage of the building.
Property Features
- 2 bedrooms
- 1 bathroom
- 55m² Build size
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,300€
Final Payment of 90% on completion
137,700€
Property Purchase Expenses
Property price
153,000€
Transfer tax 8%
12,240€
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.