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Ref: AG19MLSC7537142
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Mediterranean-Style Apartment Just Steps from the Sea in Playa de Los LocosThis charming apartment features 2 bedrooms, 1 bathroom, an independent kitchen, and a 9 m² terrace. Its east-facing orientation allows you to enjoy the morning sun.The property is sold fully furnished and includes an underground parking space.Ideally located within walking distance of the beach, bars, and restaurants.Key Features:2 bedrooms and 1 bathroomAir conditioning9 m² terraceEast-facing orientation1st floorUnderground parking spaceFurnishedExpenses:IBI: €300 / yearCommunity fees: €990 / year
Property Features
- 2 bedrooms
- 1 bathroom
- 56m² Build size
- Veranda
- Aircondition, Split system
- Parking, Uncovered
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
15,990€
Final Payment of 90% on completion
170,910€
Property Purchase Expenses
Property price
189,900€
Transfer tax 8%
15,192€
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.