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Ref: Max2010
Property marketed by MAX VILLAS BENISSA SL
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The groundfloor is distributed in hall, entrance, toilet, kitchen with laundry area, living-dining room, terrace on the south part an a staircase to the semi-basement floor which has a hall, 2 bedrooms, bathroom and terrace on the south part.
Property Features
- 2 bedrooms
- 2 bathrooms
- 128m² Build size
- Close to supermarket
- Close to restaurants
- Close to sea
- Close to golf
- Garage
- Basement
- Lift
- Utility room
- Terrace
- Airconditioning
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
71,100€
Final Payment of 90% on completion
666,900€
Property Purchase Expenses
Property price
741,000€
Transfer tax 8%
59,280€
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.