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House high floor of modern design.With a total of 86 square meters that are distributed in American kitchen, living room, 2 bedrooms, 2 bathrooms and terrace. In the case of the High Floor models, they have a Solarium of 68 square meters and a Parking in the basement included in the total price.
Property Features
- 2 bedrooms
- 2 bathrooms
- 89m² Build size
- 89m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
18,800€
Final Payment of 90% on completion
196,200€
Property Purchase Expenses
Property price
218,000€
Transfer tax 8%
17,440€
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.