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Ref: AP480
Property marketed by Inland Andalucia

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This beautiful ground-floor apartment is located in the emblematic Barrio de los Frailes, with its flower-filled alleys, in the city center. It features a foyer, living room, two bedrooms, a kitchen, a bathroom, and a shared roof terrace from which to enjoy the sea views. The building has only three neighbors and has several access streets to the neighborhood's alleys. It is a 10-minute walk from the beach and offers a wide variety of dining and entertainment options. It is a safe area where locals and tourists coexist and is a wonderful place to live year-round or spend a vacation.
Property Features
- 2 bedrooms
- 1 bathroom
- 45m² Build size
- Close to Amenities
- Fitted Kitchen
- Good Rental Potential
- Investment Property
- Just needs updating
- Near Public Transport
- On Street Parking
- One Level
- Part Furnished
- Roof Sun Terrace
- Safe
- Sought After Area
- Telephone Points
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
17,000€
Final Payment of 90% on completion
180,000€
Property Purchase Expenses
Property price
200,000€
Transfer tax 10%
20,000€
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.