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Ref: AG19MLSC6915447
Property marketed by Spain Property Shop S.L
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This stylish and modern 2-bedroom, 1-bathroom apartment in Formentera del Segura offers the perfect balance of comfort and convenience. Ideally located within walking distance of lively bars, charming restaurants, and a well-stocked supermarket, this home ensures that everything you need is just moments away.Inside, the apartment boasts a bright and airy living space, designed to maximize natural light and create a welcoming atmosphere. The open-plan layout flows effortlessly onto a private balcony, where you can soak in the views of the Vega Baja mountains, the perfect spot to enjoy your morning coffee or unwind in the evening.For those warm Mediterranean days, the beautifully maintained communal pool provides a refreshing escape, while the independent solarium offers a private retreat for soaking up the sun, enjoying a quiet evening drink, or hosting a BBQ under the stars.Located just 10 minutes from the golden beaches of Guardamar and only 15 minutes from the vibrant center of Torrevieja, this apartment is ideal for those seeking a modern, low-maintenance home in a prime location. Whether you're looking for a permanent residence, a holiday getaway, or a fantastic investment opportunity, this home offers it all.
Property Features
- 2 bedrooms
- 1 bathroom
- 67m² Build size
- Mountain view
- Modern design
- Aircondition, Split system
- Parking, Uncovered
- Elevator
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,995€
Final Payment of 90% on completion
89,955€
Property Purchase Expenses
Property price
99,950€
Transfer tax 8%
7,996€
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.