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Ref: CSPJ-63506
Property marketed by Complete Spanish Property
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The Hinojo Community has spacious apartments where the combination of design and functionality stands out thanks to the materials, colors and textures selected. The interior and exterior of each apartment merge to form a continuous space where you can enjoy the Mediterranean lifestyle. The apartment has a living room-kitchen overlooking a large terrace with wonderful views to the outside. The apartment has 2 bedrooms and two bathrooms, one of them en-suite. The common areas of the Hinojo Community include a swimming pool and garden areas. Finally, it includes a parking space and a storage room in the communal garage.
Property Features
- 2 bedrooms
- 2 bathrooms
- 95m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
36,500€
Final Payment of 90% on completion
355,500€
Property Purchase Expenses
Property price
395,000€
Transfer tax 8%
31,600€
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.