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Ref: M299358
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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This apartment is located in a quiet area, in the Poniente area of Benidorm. It is an area with little traffic, but close to everything. The apartment has been refurbished in stages and is in good condition. It has two bedrooms, a full bathroom, kitchen with utility room, living/dining room. From the living room there is an exit to a glazed terrace. A garage space is included in the price.The urbanization has a pool area and a beautiful garden, cared for by the concierge. From the apartment all services are close by and 10 minutes walk, the Poniente Beach.Community Fees 125€/MonthI.B.I. 336€
Property Features
- 2 bedrooms
- 1 bathroom
- 71m² Build size
- Garage
- Garden
- open terrace
- near the beach
- construction year: 1996
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
18,500€
Final Payment of 90% on completion
193,500€
Property Purchase Expenses
Property price
215,000€
Transfer tax 8%
17,200€
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.