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Ref: AG19MLSC602332
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Lovely apartment located in a quiet and beautiful urbanization in Villamartín. This ground floor apartment has an open living area with kitchen, one bedroom and one bathroom. The apartment has a small garden area where you can enjoy the fantastic pool views. The urbanization has four communal pools, big and beautiful gardens and security all nights. Walking distance to bars and only two minutes drive to supermarkets and shops. Walking distance to Villamartin Golf course and 5 minutes drive to the beach. Opposite is a new adventure mini golf course with bar and cafe attached Perfect location to live or to use as a holiday home. Suma is 140€ per year and community fees are 200€ quarterly.
Property Features
- 1 bedroom
- 1 bathroom
- Heating, Central
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,500€
Final Payment of 90% on completion
76,500€
Property Purchase Expenses
Property price
85,000€
Transfer tax 8%
6,800€
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.