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Ref: MM-33881
Property marketed by Sunland
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This South Facing, Two Bedroom, End Bungalow in Formentera del Segura is located in a charming and traditional Spanish setting, just a short walk from the popular square, also you’ll find a selection of café bars, restaurants, a bank, and the municipal sports ground with a pool—all within five minutes on foot. A supermarket is approximately a ten-minute walk away, while the nearby towns of Benijofar and Rojales can be reached in just a five-minute drive. For golf lovers, La Marquesa Golf Course is only ten minutes away, and the beautiful sandy beaches of the Costa Blanca South are just a 15-minute drive. This typical Spanish style bungalow is set all on one level, offering a cozy yet practical living space. The lounge benefits from an air conditioning unit and an open fireplace, perfect for year-round comfort. There is a separate kitchen, while the two double bedrooms both include ceiling fans. A family shower room completes the interior layout. To the rear of the property, a private courtyard offers an ideal outdoor space for relaxing or dining alfresco. This property is a fantastic opportunity for those seeking a traditional Spanish home in a well-connected and desirable location on the Costa Blanca South!



 



 

Property Features
- 2 bedrooms
- 1 bathroom
- 68m² Build size
- 72m² Plot size
- Swimming Pool
- Fireplace
- Courtyard
- Municipal Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,495€
Final Payment of 90% on completion
85,455€
Property Purchase Expenses
Property price
94,950€
Transfer tax 8%
7,596€
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.