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Ref: SUE-64526
Property marketed by Sunland
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Nice and cozy bungalow on the first floor, located just 100m from the magnificent beach of La Mata. Completely renovated, with 64m2 of surface, it consists of 2 bedrooms, bathroom with shower and toilet. Living room with equipped open-plan kitchen, with access to the terrace of about 6m2. A/C in the living room. South facing. Sold furnished. 100m from the beach and all services. Ideal for holidays.
Property Features
- 2 bedrooms
- 1 bathroom
- 64m² Build size
- Terrace
- Heating
- Vistas Al mar
- Residencial
- Furniture
- Appliances
- Air-Conditioning
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,500€
Final Payment of 90% on completion
175,500€
Property Purchase Expenses
Property price
195,000€
Transfer tax 8%
15,600€
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.