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Ref: 056621/6907
Property marketed by Canary Hogar
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A charming, fully renovated first-floor apartment in Chipeque, located in Los Cristianos. The property consists of one bedroom with built-in wardrobes and a bathroom. There is a fully equipped open-plan kitchen and a living/dining room with patio doors leading to the terrace overlooking the pool. The property is being sold furnished. The complex also offers many amenities, including a communal pool, reception, and satellite TV. There are many bars and shops around the complex offering all amenities. The property is ready to rent as a holiday home.
Property Features
- 1 bedroom
- 1 bathroom
- 51m² Build size
- Swimming Pool
- Alarm Theft
- Wardrobes cupboard
- Light
- Water
- All Foreign
- Alarm Fire
- Residencial
- Terrace
- Elevator
- Community Pool
- Air-Conditioning
- Alarm
- Furniture
- Appliances
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
25,900€
Final Payment of 90% on completion
260,100€
Property Purchase Expenses
Property price
289,000€
Transfer tax 10%
28,900€
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.