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Ref: EIV4558A
Property marketed by España Dream Properties

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We are proud to offer this investor special. 4 apartments in the same apartment block (of 8 apartments total).Flat 1 - 3 bed, 1 bath, first floorFlat 2 - 3 bed, 1 bath, second floorFlat 3 - 3 bed, 1 bath, fourth floorFlat 4 - 2 bed, 1 bath, fourth floor - no tenant currently, and needs some reform. This could be bought individually, but the seller does, preferably, want to sell all 4 together.Flat 1-3 are similar, and on the video, is the first half. Flat 4 is empty, and is the second half of the video.If you are looking for an investment, these apartments are perfect, as they are already rented with good tenants who wish to stay.The block is situated right in the heart of the town, walking distance to everything, and very close to the Plaza Major. which is an area used for events, as well as having restaurants etc. Sax is a town of just over 10,000 people, a train and bus service, and Alicante is only 30 mins away on the motorway.
Property Features
- 3 bedrooms
- 1 bathroom
- Swimming Pool
- Not furnished
- White Goods
- Solarium
- Terrace
- Fast Internet & Phone
- Mains Electric
- Mains Sewerage
- Mains Water
- Walking Distance - Restaurant / Bar
- walking distance to town
- Pool: No
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,500€
Final Payment of 90% on completion
121,500€
Property Purchase Expenses
Property price
135,000€
Transfer tax 8%
10,800€
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.