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Ref: MM-34404
Property marketed by Sunland
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A large property in Lo Pagan which is South facing and has a large balcony and a large sun terrace with summer kitchen. The property has two bedrooms and two bathrooms with underfloor heating and A/C, the property has off street parking and a community pool and is walking distance to the international school, many bars and amenities and the beach area of Lo Pagan.

This property already has a rental license!
This property already has a rental license!
Property Features
- 2 bedrooms
- 2 bathrooms
- 75m² Build size
- Swimming Pool
- Air Conditioning
- Furnished
- Solarium
- Mountain views
- Balcony
- Heating
- Fitted wardrobes
- White goods
- Alarm
- Communal swimming pool
- Close to Shops
- Bathroom floor heating
- En-suite bathroom
- Double Glazing
- Off-Street Parking
- Sunblinds
- Garage Space
- Close to Restaurants
- Close to bus routes
- American style kitchen
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
23,957€
Final Payment of 90% on completion
242,613€
Property Purchase Expenses
Property price
269,570€
Transfer tax 8%
21,566€
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.