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Stunning 1st Floor Apartment with elevator, 2 bedrooms and 2 bathrooms in Formentera del Segura, AlicanteExperience coastal living at its finest in this beautifully maintained, first floor apartment in the charming town of Formentera del Segura Just a short drive from the golden sands of Guardamar and the vibrant heart of Torrevieja, this 2 bedroom, 2 bathroom property offers a perfect blend of tranquility and convenienceBoasting a bright living dining area, a modern kitchen, a gallery/laundry room, and a private balcony, this 84m² apartment is thoughtfully designed for comfortable living Enjoy a peaceful terrace and the views The property is fully furnished with high end appliances and furniture, including air conditioning, a spacious master suite with its own balcony and en-suite bathroom Walk in closets and ceiling fans with lights add to the sophisticated appeal Elegant beige sand ceramic tile flooring throughout complements the stylish tiled bathrooms and kitchenBuilt in 2007, this apartment enjoys an excellent east-facing orientation maximizing natural light The meticulously maintained interior reflects superior upkeep Enjoy the communal roof pool and solariumBedrooms: 2Bathroom: 2Build Size: 84 m2Year of construction: 2007Orientation: EastAir conditioningElevatorModernCommunal roof poolCommunal solariumBalconyFantastic investment opportunityBeautifully maintained communal poolClose to all amenitiesMountain Views
Property Features
- 2 bedrooms
- 2 bathrooms
- 84m² Build size
- Double Bedrooms: 3
- Elevator
- Furnished
- Heating
- Pool
- Terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,495€
Final Payment of 90% on completion
103,455€
Property Purchase Expenses
Property price
114,950€
Transfer tax 8%
9,196€
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.