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Ref: SIH-67144
Property marketed by Sunland
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We present this charming 70 m² apartment located on the 4th floor of a building with an elevator, in a prime location on Calle Maldonado. The property features 2 bedrooms, a full bathroom, independent kitchen, a spacious living-dining room, and 2 terraces, perfect for enjoying the pleasant weather.. . The apartment is sold furnished and ready to move in. Its excellent location, just a few minutes' walk from the city center and the beach, makes it an ideal option for both permanent residence and vacation rental.
Property Features
- 2 bedrooms
- 1 bathroom
- 70m² Build size
- Terrace
- Elevator
- Furniture
- Armored Door
- Appliances
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,500€
Final Payment of 90% on completion
103,500€
Property Purchase Expenses
Property price
115,000€
Transfer tax 8%
9,200€
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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Spanish Property News & Updates by Spain Property Portal.com
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.