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REF. 3806
Attention to this exclusive property in the famous residential complex "Victoria Court" 1 in Los Cristianos near "La Pepa Food Market" and the promenade of Los Cristianos.
The property consists of 1 bedroom with fitted closets, a fully tiled bathroom, fully equipped kitchen and a living-dining room with double doors leading to a magnificent terrace very bright and sunny.
The complex is located in the most exclusive tourist and residential area of Tenerife a few meters from the sea and the promenade.
Attention to this exclusive property in the famous residential complex "Victoria Court" 1 in Los Cristianos near "La Pepa Food Market" and the promenade of Los Cristianos.
The property consists of 1 bedroom with fitted closets, a fully tiled bathroom, fully equipped kitchen and a living-dining room with double doors leading to a magnificent terrace very bright and sunny.
The complex is located in the most exclusive tourist and residential area of Tenerife a few meters from the sea and the promenade.
Property Features
- 1 bedroom
- 1 bathroom
- 68m² Build size
- Swimming Pool
- cocina americana
- piscina comunitaria
- reformado
- terraza
- urbanizacion privada
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
28,000€
Final Payment of 90% on completion
279,000€
Property Purchase Expenses
Property price
310,000€
Transfer tax 10%
31,000€
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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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.