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Property marketed by The Property Group
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Property 73 m2 with 2 bedrooms, bathroom, kitchen open to the living room The apartment is located on the 1st floor and offers a closed terrace, providing privacy and excellent conditions for relaxation The apartment has access to an internal patio, which provides additional space for relaxation Sold furnished, with air conditioning The price of the apartment includes a parking space and a storage room 100 meters from the Playa de Los Locos beach, where a path leads between the restaurant and the building Near there is a Consum supermarket, as well as numerous restaurants and a seaside promenade Active account on bookingcom An excellent choice for those looking for an apartment near the beach or looking for investment options
Property Features
- 2 bedrooms
- 1 bathroom
- 73m² Build size
- Communal Pool
- Laundry Room
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
17,600€
Final Payment of 90% on completion
185,400€
Property Purchase Expenses
Property price
206,000€
Transfer tax 8%
16,480€
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.