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Ref: A778
Property marketed by David Santiago Inmobiliaria
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Beautiful apartment completely renovated and close to the beach. Only 200m from the promenade. Enclosed terrace, extended to the living room, has a large living-dining room, open fitted and equipped kitchen, large bedroom with wardrobe and sea views, bathroom with shower. Beautiful sea views. Communal swimming pool.
Property Features
- 1 bedroom
- 1 bathroom
- 64m² Build size
- Swimming Pool
- Swimming pool : Yes
- Views : Beach/sea
- Double glazing
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,500€
Final Payment of 90% on completion
175,500€
Property Purchase Expenses
Property price
195,000€
Transfer tax 10%
19,500€
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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Spanish Property News & Updates by Spain Property Portal.com
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.