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Ref: GLM6785R
Property marketed by Just Murcia Property
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Second floor apartment located on Puerto Marina Residential. The property comprises of 2 bedrooms, 2 bathrooms with shower, living room with balcony and a beautiful fitted kitchen . The Residential benefits from several communal pools and a toddlers pool, surrounded by well-maintained communal gardens. The nearest beach is within 10 minutes walk and there is a central square within 7 minutes walk of the property with supermarket, shops, cafes, restaurants, banks, etc. The Property is to be sold unfurnished.
Property Features
- 2 bedrooms
- 2 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,750€
Final Payment of 90% on completion
132,750€
Property Purchase Expenses
Property price
147,500€
Transfer tax 8%
11,800€
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.