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Ref: CSPD-31953
Property marketed by Complete Spanish Property
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This well presents 2 Bedrooms, 1 Bathroom Top Floor Apartment is located between Punta Prima and Torrevieja. The property is perfectly situated, only 250m from the coastline, within walking distance to all amenites making it the ideal holiday home. Inside offers you a spacious lounge with dining area, large open plan kitchen and utility area while having 2 bedrooms sharing a recently renovated shower room. A large balcony connects between the lounge and master bedroom and offers distant sea views. A must see property...
Property Features
- 2 bedrooms
- 1 bathroom
- 75m² Build size
- 90m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,995€
Final Payment of 90% on completion
98,955€
Property Purchase Expenses
Property price
109,950€
Transfer tax 8%
8,796€
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.