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Renovated Modern 3-Bedroom Apartment in Cartagena’s Old TownThis stylish first-floor apartment is located in the heart of Cartagena’s historic old town, combining modern comforts with the charm of its iconic surroundings.The apartment features three spacious bedrooms, ideal for families or hosting guests. Two sleek, modern shower rooms provide convenience and style.The bright, open-plan lounge and kitchen area create a welcoming space for relaxing and entertaining. The kitchen boasts contemporary finishes and integrated appliances, perfect for modern living.Bathed in natural light, the south-facing aspect ensures a warm and sunny ambiance throughout the day.The property has been thoughtfully renovated to blend contemporary aesthetics with functionality, offering clean lines, neutral tones, and high-quality materials.Nestled in Cartagena’s old town, this apartment is surrounded by the city’s rich history, with landmarks, quaint streets, and cultural hotspots just steps away.While the building does not have a lift, the first-floor location ensures easy accessibility without excessive stairs.This apartment is perfect for those seeking a modern, comfortable home or investment property in the heart of Cartagena’s vibrant and historical centre.Cartagena, Spain is a historic port city located in the south eastern region of the country, within the autonomous community of Murcia. Renowned for its rich history, stunning Mediterranean coastline, and vibrant cultural scene, Cartagena offers a unique blend of ancient heritage and modern charm.
Property Features
- 3 bedrooms
- 2 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
19,000€
Final Payment of 90% on completion
198,000€
Property Purchase Expenses
Property price
220,000€
Transfer tax 8%
17,600€
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.