2 bedroom Apartment for sale in Alora, Málaga, Spain

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Ref: MLSC4731984

Property marketed by The Property Group

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This very pretty apartment is located on the second floor of a small block of just three apartments in a central street of Alora pueblo One enters from the street to a very attractive tiled communal staircase leading up to the property The property extends to 92 m2 The accommodation comprises of a nice bright spacious lounge/dining room, 2 bedrooms, a full bathroom and a kitchen One of the outstanding features of this property is a lovely private sunny terrace off of the kitchen extending to 25 m2 This property is finished to a high standard with "climalit" double glazed windows and air-con heating and cooling in the lounge and master bedroom

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Property Features

2 bedrooms
1 bathroom
67m² Build size
Air Conditioning Hot/Cold
Built to High Standards
Entrance Hall
Mains Electricity
Mains Sewage
Mains Water
Terrace

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

6,975€

Final Payment of 90% on completion

89,775€

Property Purchase Expenses

Property price

99,750€

Transfer tax 10%

9,975€

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.

Mortgage Calculator

Mortgage Amount:

99,750€

Deposit:

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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.