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Fabulous Townhouse with 5 bedrooms and 3 bathrooms in Montemar, Torremolinos Property in good condition with Southeast orientation It has 184 m2 built 5 m2 terrace Bright main room with dining room and wood-burning fireplace Separate kitchen with laundry room and direct access to the backyard Master bedroom with en-suite bathroom Second bedroom with en-suite bathroom Built-in wardrobes, aluminum windows, wooden doors and marble floors It has parking space and storage 10 m2 front patio with awnings and sea views Backyard with built-in barbecue and awnings Common areas with gardens and swimming pools There is a garage and storage Housing distributed over 4 floors DON'T MISS THIS OPPORTUNITY AND CONTACT US TO MAKE A VISIT In addition, the possibility of a renovation service to accommodate the home to your liking
Property Features
- 5 bedrooms
- 3 bathrooms
- 260m² Plot size
- Entrance Hall
- Communal Pool
- Garden
- BBQ
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
42,000€
Final Payment of 90% on completion
405,000€
Property Purchase Expenses
Property price
450,000€
Transfer tax 10%
45,000€
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.