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Property marketed by Immoservice
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In the luxury residential complex in Altea, Mascarat Beach we have a penthouse for sale.The complex has 24 hour security, direct access to the beach and marina, 3 outdoor pools, spa with heated indoor pool, sauna, paddle tennis court and gym. The apartment consists of 3 bedrooms, a bedroom with private bathroom and dressing a bathroom, living / dining room, separate kitchen, laundry room and spacious terrace overlooking the pool and the sea.
Property Features
- 3 bedrooms
- 2 bathrooms
- 147m² Build size
- Swimming Pool
- Pool
- first line beach
- near beach
- close to restaurants
- close to supermarket
- Sea Views
- Laundry Room
- garden
- terrace
- parking
- underground parking
- Communal Pool
- Gated Community
- Guard at Gate
- air conditioning
- central heating
- Costa Blanca
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
127,000€
Final Payment of 90% on completion
1,170,000€
Property Purchase Expenses
Property price
1,300,000€
Transfer tax 8%
104,000€
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.