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Ref: R3335692
Property marketed by Malaga Homes Monsoleil
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Middle Floor Apartment, Málaga historic Centre area of plaza de la merced ! Costa del Sol.
3 Bedrooms, 1.5 Bathroom, Built 110 m2;.
Patio
Setting : Town.
Condition : Excellent.
Features : Lift, Fitted Wardrobes, Near Transport.
Kitchen : Fully Fitted.
Category : Investment, Reduced.
3 Bedrooms, 1.5 Bathroom, Built 110 m2;.
Patio
Setting : Town.
Condition : Excellent.
Features : Lift, Fitted Wardrobes, Near Transport.
Kitchen : Fully Fitted.
Category : Investment, Reduced.
Property Features
- 3 bedrooms
- 1 bathroom
- 95m² Build size
- Setting - Town
- Condition - Excellent
- Features - Lift
- Features - Fitted Wardrobes
- Features - Near Transport
- Kitchen - Fully Fitted
- Category - Investment
- Category - Reduced
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
40,350€
Final Payment of 90% on completion
390,150€
Property Purchase Expenses
Property price
433,500€
Transfer tax 10%
43,350€
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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Spanish Property News & Updates by Spain Property Portal.com
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.