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Ref: JSP6950J
Property marketed by Just Murcia Property
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This stylish modern 3 bedroom apartment with a terrace facing Lo Pagan beach.The apartment has been fully refurbed with new floors, airconditioning, ceiling fans and decorated to a high standard. The kitchen and bathroom have both been revonated with a modern crisp design. There is a untility room with washing machine.This apartment would make an ideal holiday home by the sea and has been a successful holiday let apartment.
Property Features
- 3 bedrooms
- 1 bathroom
- Walking distance to beach
- Upgraded
- Lift to All Levels
- Walking distance to shops, restaurants, ...
- Ceiling fans
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
20,000€
Final Payment of 90% on completion
207,000€
Property Purchase Expenses
Property price
230,000€
Transfer tax 8%
18,400€
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.