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Ref: 055961/6907
Property marketed by Canary Hogar
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For sale there is a cozy comfortable apartment, located in the fashionable area of the resort of Los Cristianos, on the south coast of Tenerife. The total area is 98m2, including indoor areas and a terrace. The apartment consists of a spacious living room with an open kitchen, a bedroom, a large bathroom, a terrace overlooking the pool and the ocean. There is also a private place in the common garage(12m2) and a spacious storage room(12m2). The apartment is beautifully furnished and fully equipped with everything you need for a comfortable stay. It is located in a respectable residential complex Rincon de Los Cristianos, in a quiet, green area of the city. The complex has a security video system, elevators, 3 swimming pools and a beautiful area with green spaces. The beach, promenade and all tourist and urban infrastructure are within walking distance.
Property Features
- 1 bedroom
- 1 bathroom
- 98m² Build size
- Swimming Pool
- Video Intercom
- Light
- Water
- Vistas al mar
- Residencial
- Terrace
- Elevator
- Community Pool
- Garden
- Appliances
- Storeroom
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
38,000€
Final Payment of 90% on completion
369,000€
Property Purchase Expenses
Property price
410,000€
Transfer tax 10%
41,000€
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.