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A 3 bedroom apartment in a great location, second line to the beach in Fuengirola The apartment has a bright lounge/diner, good size kitchen and spacious bathroom There are 3 bedrooms with windows onto the communal corridors The apartment offers a good opportunity for family housing or refurbishment by an investor/buyerGround Floor Apartment, Fuengirola, Costa del Sol3 Bedrooms, 1 Bathroom, Built 0 m²Setting : Town, Close To Shops, Close To SeaOrientation : South, WestCondition : FairClimate Control : Air ConditioningViews : GardenFeatures : Covered Terrace, Near Transport, Access for people with reduced mobility, Near Mosque, Near ChurchFurniture : OptionalKitchen : Fully FittedGarden : CommunalSecurity : Gated Complex, Entry PhoneParking : StreetUtilities : ElectricityCategory : Bargain, Resale
Property Features
- 3 bedrooms
- 1 bathroom
- 72m² Build size
- Access for people with reduced mobility
- Category - Bargain
- Category - Resale
- Climate Control - Air Conditioning
- Entrance Hall
- Features - Covered Terrace
- Features - Near Church
- Features - Near Transport
- Furniture - Optional
- Garden - Communal
- Kitchen - Fully Fitted
- Orientation - South
- Orientation - West
- Parking - Street
- Security - Entry Phone
- Security - Gated Complex
- Setting - Close To Sea
- Setting - Close To Shops
- Setting - Town
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,995€
Final Payment of 90% on completion
179,955€
Property Purchase Expenses
Property price
199,950€
Transfer tax 10%
19,995€
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.