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Ref: ADE4810P
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Beautiful large new construction apartment with panoramic sea views 12m from the Arenal Bol beach in Calpe. The apartment has an area of 143m2, distributed between large living room with access to the large terrace, open kitchen, 3 bedrooms and 2 bathrooms. The building has been built in 2019. The construction and finishes are of high quality. It has a communal pool and covered parking.
Property Features
- 3 bedrooms
- 2 bathrooms
- Swimming Pool
- air conditioning yes
- heating no
- Lift
- Parking
- open terrace
- construction year: 2019
- Orientation: Sur
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
69,500€
Final Payment of 90% on completion
652,500€
Property Purchase Expenses
Property price
725,000€
Transfer tax 8%
58,000€
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.