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Ref: M287013
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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A first-floor apartment in a building with an elevator. The apartment has a south orientation and views of farmland and towards the sea. The apartment building is situated in the town centre of Benitachell, all services are available on foot. The apartment has hot and cold air conditioning, two bedrooms, two bathrooms, and an open-plan living space. A parking bay in the underground garage is included.
Property Features
- 2 bedrooms
- 1 bathroom
- 85m² Build size
- Sea View
- Open plan
- Immaculate Condition
- Quiet Location
- Panoramic
- close to restaurants
- traditional village
- Mountain Pueblo
- Close to supermarkets
- Resales
- Terrace: Southeast
- Terrace:South
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,600€
Final Payment of 90% on completion
158,400€
Property Purchase Expenses
Property price
176,000€
Transfer tax 8%
14,080€
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.