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Ref: DG-92237
Property marketed by Stratus International Properties
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Luxury development comprising 60 apartments, over 6 floors, with commercial spaces on the ground floor, gym and pool. 2-, 3- and 4-bedroom options, each with a parking space and storage room. Some apartments enjoy sea views, while there are stunning views from the rooftop pool and solarium.254,000 + 18,000 Parking + 4,000 Storage
Property Features
- 2 bedrooms
- 1 bathroom
- 71m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
22,400€
Final Payment of 90% on completion
228,600€
Property Purchase Expenses
Property price
254,000€
Transfer tax 8%
20,320€
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.