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Ref: 710190
Property marketed by Lavanda Real Estate SL
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A fantatic opportunity to purchase a fully reformed modern apartment in the heart of Villamartin, conveniently located within the famous Villamarin Plaza and just a 2 minute walk from Villamartin golf course. This immaculate property is located on the 2nd floor and can be accessed by lift. Inside the impressive property you will find a very bright living and dining area with a fully equipped kitchen complete with brand new appliances. The is a hallway leading to the double bedroom and the stunning bathroom, complete with walk-in shower. The property has been thoughtfully reformed making great use of the space with feature windows and brand new flooring. The property forms part of a well maintained community with access to the pretty communal swimming pool and gardens.
Property Features
- 1 bedroom
- 1 bathroom
- 39m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,500€
Final Payment of 90% on completion
85,496€
Property Purchase Expenses
Property price
94,995€
Transfer tax 8%
7,600€
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.