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Ref: BG-24940
Property marketed by Vivacosta
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This property is located at only 5 minutes walking distance from the beach Las Rotas in Denia and is divided over 2 floors. Currently, the ground floor is furnished as a restaurant and the upper floor as a living area. The upper floor consists of a living room, a kitchen, 2 bedrooms and a spacious bathroom. There is a possibility to convert the ground floor into a living room with lounge, a kitchen, 2 bedrooms and a bathroom. In addition, the house has a large balcony partly covered, a smaller balcony, a large terrace, a storage room, a long driveway and private parking with room for 3 cars.
Property Features
- 5 bedrooms
- 2 bathrooms
- 212m² Build size
- 600m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
52,000€
Final Payment of 90% on completion
495,000€
Property Purchase Expenses
Property price
550,000€
Transfer tax 8%
44,000€
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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