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Brand New Development of Luxury Apartments in Finestrat all are south Facing with sea viewsThis is a Middle Floor 2 bed 2 bath one level Apartment, is has a open plan living room, kitchen, utility and large terrace of26m2 with sea views, stunning views of the resort, communal pool, and skyline of Finestrat and Benidorm.Every detail has been carefully taken in to consideration with design and unique styles homes, all homes meet highest standard of quality safety and designThe development is gated and private, all terraces are South facing enjoying the Sun and sea views to the distanceThe development has a Communal pool, Gardens, Childrens play area, Gym, Sauna, Padel and Climatized pool to enjoy in Winter monthsPerfect location for Holiday or Permanent Living, with all facilities on the doorstep, Golf, Shopping and Beaches not far away.Good access links to AP7 and Coastal Roads
Property Features
- 2 bedrooms
- 2 bathrooms
- 109m² Build size
- 136m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
34,000€
Final Payment of 90% on completion
333,000€
Property Purchase Expenses
Property price
370,000€
Transfer tax 8%
29,600€
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.