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Ref: CSPK-46088
Property marketed by Complete Spanish Property
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This charming 2-bedroom, 1-bathroom apartment is ideally located in the heart of Algorfa village, offering a perfect blend of convenience and comfort. Situated on a south-facing position, the apartment benefits from an abundance of natural light throughout the day, creating a warm and inviting atmosphere.The open-plan living and dining area is spacious, featuring large windows that look out onto the picturesque streets of the village, while also offering views of the surrounding countryside. The modern kitchen is fully equipped with everything you need for easy living, with sleek finishes and ample storage space.Both bedrooms are well-proportioned, with built-in wardrobes providing plenty of storage, and the bathroom is stylish and practical.The apartment’s central location means you’re just a short stroll away from the village's amenities, including local cafes, shops, and restaurants, as well as the charming town square. With easy access to the nearby towns of Guardamar and Torrevieja, and just a short drive to the beaches of the Costa Blanca, this property is an ideal base for enjoying both village life and coastal living.Whether you’re looking for a permanent residence or a holiday home, this apartment offers a fantastic opportunity to experience the best of Algorfa village living.
Property Features
- 2 bedrooms
- 1 bathroom
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,000€
Final Payment of 90% on completion
89,996€
Property Purchase Expenses
Property price
99,995€
Transfer tax 8%
8,000€
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.