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Ref: M295605
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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2-Bedroom Apartment with Garden in a Quiet Urbanization For sale: a 51 m² ground-floor apartment (Bajo 0) built in 1991. Perfect for those looking for a property to renovate and customize to their needs. Main Features: - 2 bedrooms - 1 bathroom - Spacious separate kitchen (Cocina independiente) - Living room with air conditioning for your comfort - Private 15 m² garden - ideal for relaxing outdoors Condition: The apartment is in fair condition but would benefit from cosmetic renovation. There is no swimming pool in the urbanization, which helps reduce community costs. Additional Information: - Community fees: €500 per half year - IBI property tax: €131 per year A great opportunity at an affordable price in a cozy urbanization. Ideal for personal living or investment purposes. Contact us to arrange a viewing!
Property Features
- 2 bedrooms
- 1 bathroom
- 51m² Build size
- Garden
- Location: Urbanisation
- Double Bedrooms: 2
- Air Conditioning: Yes
- Useable Build Space: 50 Msq.
- Beach: 1400 Meters
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,800€
Final Payment of 90% on completion
115,200€
Property Purchase Expenses
Property price
128,000€
Transfer tax 8%
10,240€
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.