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Fully renovated apartment in Los Montesinos
Ground-floor property with 164 m² of built area. It features 2 bedrooms with underfloor heating and 2 bathrooms.
Extras:
Electric blinds
Double-glazed windows
Underfloor heating in bedrooms
Air conditioning
Security door
East-facing
Property tax (IBI): €272/year
Ground-floor property with 164 m² of built area. It features 2 bedrooms with underfloor heating and 2 bathrooms.
Extras:
Electric blinds
Double-glazed windows
Underfloor heating in bedrooms
Air conditioning
Security door
East-facing
Property tax (IBI): €272/year
Property Features
- 2 bedrooms
- 2 bathrooms
- 164m² Build size
- Terrace
- Electrodomesticos
- Aire Acondicionado
- Key Ready
- Persianas eléctricas
- Excelente condición
- Sin amueblar
- Terrace: 3.00 m2
- Reformado
- Suelo radiante
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
15,500€
Final Payment of 90% on completion
166,500€
Property Purchase Expenses
Property price
185,000€
Transfer tax 8%
14,800€
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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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.