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Ref: EMA4897F
Property marketed by España Dream Properties

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Opportunity for investors! Just 500 meters from the beautiful beach of La Mata, we present this charming apartment for those looking for a smart investment or a versatile home. It is located on the top floor, welcoming you with a spacious terrace, ideal for relaxing before entering the apartment, which has two bright bedrooms and a bathroom with shower. The living room is integrated with an open kitchen and extends onto another terrace facing southeast, perfect for enjoying the sun.There is also a storage room and laundry room. This property is currently conditioned for tourist rental, with all licenses in order, which gives you the opportunity to earn extra income when you do not enjoy it personally.Do not miss the opportunity and ask to arrange a visit. We will be happy to provide you with all the information about the property and about the profitability obtained with the holiday rental.
Property Features
- 2 bedrooms
- 1 bathroom
- Storage room
- Beach - Walking Distance
- Laundry room
- Tourist Licence
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,000€
Final Payment of 90% on completion
126,000€
Property Purchase Expenses
Property price
140,000€
Transfer tax 8%
11,200€
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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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.