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Ground floor bungalow on the Ramblas in Pilar de la HoradadaThis immaculate bungalow is located in a small community on the Ramblas in Pilar de La HoradadaThe south facing property is located on the ground floor It has 2 bedrooms, 2 bathrooms, 1 of which is ensuite, an open kitchen and a living-dining room Each room has air conditioning, is modernly finished and is in excellent condition as it is practically new You can enjoy a spacious terracePilar de la Horadada is a typical Spanish village in the southernmost part of the Costa Blanca The large main street has supermarkets, many shops, restaurants and bars and some beautiful squares The beautiful beaches of Torre de la Horadada and Mil Palmeras with fine sandy promenade are only 5 minutes away In Pilar de la Horadada there is also a well-developed network of cycle and walking paths, and there is also a wide range of different sporting activities The 18-hole Lo Romero golf course is a short drive from the town There is a good connection to the N332 and the AP7 The airports of Corvera (Murcia) and Alicante are 40 and 55 minutes away respectively
Property Features
- 2 bedrooms
- 2 bathrooms
- 77m² Build size
- 126m² Plot size
- Air conditioning
- Entrance Hall
- Terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
19,500€
Final Payment of 90% on completion
202,500€
Property Purchase Expenses
Property price
225,000€
Transfer tax 8%
18,000€
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.