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Ref: AG19MLSC7716140
Property marketed by Spain Property Shop S.L
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This top-floor apartment, located in Los Balcones, offers a comfortable and convenient living space of 50 square meters. It's perfectly situated close to amenities, including schools, bars, and a supermarket, with excellent access to the town and motorway. The apartment features 2 bedrooms, 1 bathroom, a terrace, and a private solarium. The east-facing terrace is ideal for enjoying your morning coffee. Built in 2001, the property is in great condition and ready to move in. Residents can take advantage of the communal area, which includes one parking space and a shared swimming pool. This apartment is a great choice for those looking for a cozy and practical home in a well-connected neighborhood.
Property Features
- 2 bedrooms
- 1 bathroom
- 68m² Build size
- Swimming Pool
- Garden
- Solarium
- Near bus route
- Pool, Communal
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,000€
Final Payment of 90% on completion
117,000€
Property Purchase Expenses
Property price
130,000€
Transfer tax 8%
10,400€
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.