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Ref: AG19MLSC2570310
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It is a high corner duplex bungalow facing South and West, located in the Torreblanca urbanization on Calle Minerva, one of the best areas of La Mata.It has 2 terraces, one facing south with sea views and another facing west.It has a constructed area of about 50 m2 plus the two terraces, 2 bedrooms, 2 full bathrooms, living room.Private urbanization and has a private parking space, a tennis court and a community pool.Sold furnished.Community: € 500 per yearIBI: € 160
Property Features
- 2 bedrooms
- 2 bathrooms
- 50m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,900€
Final Payment of 90% on completion
134,100€
Property Purchase Expenses
Property price
149,000€
Transfer tax 8%
11,920€
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.