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Ref: CSPD-16198
Property marketed by Complete Spanish Property
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This 2 Bedrooms, 1 Bathroom Top Floor Apartment is located on Lomas Del Golf in Villamartin. Situated on the outside of the complex the property is just a short walk from local amenities including the Villamartin Golf Course and Plaza. Inside you have a spacious lounge area with open plan kitchen, family sized bathroom and 2 bedrooms. With a South Facing front terrace offering all day sunshine making this an ideal holiday home with fantastic rental potential. Lomas De Golf offers the use of 9 communal pools with beautiful grassed communal areas all within walking distance to amenities.
Property Features
- 2 bedrooms
- 1 bathroom
- 70m² Build size
- 76m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,000€
Final Payment of 90% on completion
98,996€
Property Purchase Expenses
Property price
109,995€
Transfer tax 8%
8,800€
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.