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Ref: ASK3653L
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NEW RELEASE!!!!These amazing apartments are located in Torre de la Horadada only 50 meters from the beach. Only 10 apartments in total.The apartments have 3 bedrooms, 2 bathrooms with terraces and sea views. The apartments will be ready in April 2021.Prices start at €224,900
Property Features
- 3 bedrooms
- 2 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
23,990€
Final Payment of 90% on completion
242,910€
Property Purchase Expenses
Property price
269,900€
Transfer tax 8%
21,592€
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.