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Ref: CSPQ-99126
Property marketed by Complete Spanish Property
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Fantastic Penthouse Apartment with SEA VIEWS in Cabo Roig, two bedrooms, one bathroom, southeast facing, good for living and an excellent investment opportunity. Located in the Aguamarina area of Cabo Roig, with high rental demand. Fully furnished and in excellent condition, the penthouse consists of a living/dining room with air conditioning and access to a sunny terrace, an equipped kitchen and 2 bedrooms with fitted wardrobes. One of the bedrooms has direct access to its own terrace. The apartment is being sold fully furnished. Also provided is a spacious private solarium with access via a staircase off the balcony providing views of the sea. The total area of the apartment is 110m2.
There is an underground parking and an elevator. The property is located in a gated complex with a magnificent garden and a communal swimming pool. Close to the bars, shops, restaurants and all the amenities of Cabo Roig and just a few minutes walk from the beach.
There is an underground parking and an elevator. The property is located in a gated complex with a magnificent garden and a communal swimming pool. Close to the bars, shops, restaurants and all the amenities of Cabo Roig and just a few minutes walk from the beach.
Property Features
- 2 bedrooms
- 1 bathroom
- 110m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
19,000€
Final Payment of 90% on completion
198,000€
Property Purchase Expenses
Property price
220,000€
Transfer tax 8%
17,600€
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.