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Ref: AG19MLSC682575
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Unique opportunity in San Pedro de Pinatar! This beautiful apartment has been recently renovated with stylish design and high-quality materials. Everything is brand new and fully equipped, ready to move in. It features three spacious bedrooms, one bathroom, and plenty of natural light throughout. It boasts two terraces, perfect for enjoying the warm climate of the area. Located just 70 meters from the beach, it offers an unbeatable location surrounded by restaurants, bars, and shops. The beach is just a few steps away, making it an ideal option both for living and as a holiday rental investment. Second floor without lift. San Pedro de Pinatar is one of the most sought-after areas right now, thanks to its excellent year-round climate, beautiful beaches, and access to both the Mar Menor and the Mediterranean Sea. The area offers green spaces, palm trees, cycling lanes, and lovely seaside promenades. Additionally, there are no issues with obtaining a tourist rental license here, making this apartment a fantastic investment in a rapidly developing area.
Property Features
- 3 bedrooms
- 1 bathroom
- 76m² Build size
- Near bus route
- Heating, Central
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,000€
Final Payment of 90% on completion
171,000€
Property Purchase Expenses
Property price
190,000€
Transfer tax 8%
15,200€
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.