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Modern ground floor apartment with all the comforts: open plan living room-kitchen, 1 large bedroom, 1 bathroom, 2 terraces, garage space and storage room. In addition, you can enjoy the communal pool and the proximity to the beach. Located in a quiet residential area and just a few minutes from the centre of Palomares. Don t miss this opportunity!
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Property Features
- 1 bedroom
- 1 bathroom
- 46m² Build size
Costing Breakdown
* 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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Mortgage Result
* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.
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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.