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Ref: CSPJ-29284
Property marketed by Complete Spanish Property
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Two story corner terrace house with 3 bedrooms & 2 bathrooms. At the front there is a porch and paved garden with off-road parking and border shrubs. And off one of the upstairs bedrooms there is a large glassed-in terrace. It belongs to a residential complex with extensive gardens and an enclosed swimming-pool. Ideal location on the outskirts of town, with shopping centre, bars & restaurants within easy walking distance and the beach just 2 Km away. The property is in excellent condition and is sold fully furnished & equipped including air-conditioning units.
Property Features
- 3 bedrooms
- 2 bathrooms
- 78m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,500€
Final Payment of 90% on completion
112,500€
Property Purchase Expenses
Property price
125,000€
Transfer tax 8%
10,000€
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.