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Ref: kf211283221046078368
Property marketed by Spanish Best Homes 2010, s.l.
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We are pleased to present this fantastic and fully renovated 3 bedroom 2 bathroom townhouse / apartment located in Formentera del segura.Upon using the street entrance, you will find a staircase that leads into the main property area on the first floor, which benefits of a living room, dining area, kitchen, two bedrooms and one bathroom. Going up the stairs you will find a further bedroom two bedrooms, a bathroom and a private solarium with a utility room and nice views of the surrounding area.On the backside of the building you will also find access to a private garage that also belongs to the property.
Property Features
- 3 bedrooms
- 2 bathrooms
- Swimming Pool
- Garage
- Garden
- 0 Pool
- Terrace
- Basement
- Air Conditioner
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,500€
Final Payment of 90% on completion
175,500€
Property Purchase Expenses
Property price
195,000€
Transfer tax 8%
15,600€
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.