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Ref: MLSC9941578
Property marketed by The Property Group
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**** Great opportunity! We are pleased to offer for sale this fully renovated one-bedroom apartment in complex with 24-hour-reception and large communal gardens with set of swimming-pools**** Open-plan kitchen equipped with home appliances, air-conditioning, living-room with access to sunny terrace with partial sea views Recently refurbished bathroom with large walk-in shower, bedroom with fitted wardrobe Perfect condition, ready to move in**** Surrounded by restaurants, shops, cafes, supermarkets and amenities, 2 min from bus and taxi stop and approx 10 min walk to Arroyo train station with frequent trains to the airport, Torremolinos and Málaga centre Also near Paloma Park and the beach***** Ideal for holidays and good investment for tourist short / long lets all year round"
Property Features
- 1 bedroom
- 1 bathroom
- 48m² Build size
- Category - Bargain
- Category - Cheap
- Category - Investment
- Climate Control - Air Conditioning
- Condition - Excellent
- Condition - Recently Renovated
- Features - Covered Terrace
- Features - Fitted Wardrobes
- Features - Lift
- Features - Near Transport
- Features - Private Terrace
- Features - WiFi
- Entrance Hall
- Furniture - Part Furnished
- Garden - Communal
- Kitchen - Fully Fitted
- Orientation - South West
- Parking - Street
- Pool - Communal
- Security - 24 Hour Security
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 10%
18,500€
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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