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Ref: ASK2106E
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Located La Finca Resort, these 24 apartments are distributed in two blocks of two floors each. The apartments are equiped with:2 Bedrooms.2 Bathrooms.Private parking.Community swimming pool.La Finca Urbanization is located in the heart of the Vega Baja country side, just a few minutes away from the small town of Algorfa. It is ideal for those who want to live in a peaceful area with magnificent landscapes, breathing in fresh air from the mountains. It is a golfers paradise. A gran variety of migratory birds and small animals...
Property Features
- 2 bedrooms
- 2 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
24,500€
Final Payment of 90% on completion
247,500€
Property Purchase Expenses
Property price
275,000€
Transfer tax 8%
22,000€
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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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.