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Ref: EMA5510V
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An outstanding ultra moderm Luxury Apartment in the sought after Flamenca Village Complex. This property oozes charm and character. Boasting many extras and coming completely furnished. A well managed community ,gated and within walking distance to the beach. Consisting of a well designed community pool and leisure area. With a vast amount of restaurants and the La Zenia Shopping Boulevard closeby ,this property is a must see Apartment.
Property Features
- 3 bedrooms
- 2 bathrooms
- Swimming Pool
- Close to shops, restaurants, ...
- Close to golf resort
- Close to schools
- Childrenand#39;s play area
- Walking distance to shops, restaurants, ...
- Walking distance to beach
- Communal Pool
- Close to sports facilities
- Garage
- Close to medical centre
- Communal garden
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
41,900€
Final Payment of 90% on completion
404,100€
Property Purchase Expenses
Property price
449,000€
Transfer tax 8%
35,920€
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.