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Ref: M291442
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Four double bedroomsFour bathroomsGarage spaceClose to amenitiesClose to the many beachesLa Manga is a unique location in Europe, it is a strip of land 21 Km long and 300 metres wide (average). La Manga means ‘sleeve’ and it is a strip of land which separates the Mediterranean Sea from the Mar Menor (Small Sea). Along it’s coast on both sides, there are beautiful ‘Blue Flag’ beaches with white sands, ideal for family holidays. The Mar Menor is the largest lagoon in Europe and has a surface area of 130 sq km and a maximum depth of 8 metres. The crystal clear waters are warm, calm and rich in salts and minerals, in fact the temperature never falls below 18degrees. In certain areas of the Mar Menor the therapeutic clays can be found, these are a favourite with the Spanish tourists, who cover themselves with the clay and then bake in the hot sun. It is said to be good for skin complaints, rheumatism and arthritis etc. La Manga offers the tourists a wide range to choose from, including, Spanish, Greek, Indian, Chinese, Mexican etc. The Tomas Maestre Marina which is situated towards the end of La Manga Strip comes alive at night with its many bars and restaurants.
Property Features
- 4 bedrooms
- 4 bathrooms
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
26,690€
Final Payment of 90% on completion
267,210€
Property Purchase Expenses
Property price
296,900€
Transfer tax 8%
23,752€
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.