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Ref: 053911/6907
Property marketed by Canary Hogar
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Fantastic flat in Playa Paraiso with two bedrooms and 2 bathrooms with shower, newly refurbished and with air conditioning. This little gem has absolutely fantastic views of the sea and the surrounding area. Watch the sunset with a glass of wine from your balcony.~The complex has two swimming pools, tennis courts, barbecue area and private parking.~In less than ten minutes walk you are on the beach of Las Galgas. Playa Paraiso is currently in the investment trend since the Hard Rock Hotel was established a few years ago. The west coast offers fantastic scenery to La Gomera, El Hierro and La Palms. Just up the coast is Los Gigantes with its fantastic harbour offering deep sea fishing and boat trips to visit the resident pilot whales and dolphins in their natural habitat.~This is a great investment and a fantastic flat to call home or even as an investment property. ~
Property Features
- 2 bedrooms
- 1 bathroom
- 74m² Build size
- Swimming Pool
- Balcon
- Wardrobes cupboard
- Light
- Water
- Vistas al mar
- Terrace
- Elevator
- Community Pool
- Appliances
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
26,400€
Final Payment of 90% on completion
264,600€
Property Purchase Expenses
Property price
294,000€
Transfer tax 10%
29,400€
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.