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Ref: 20561SJT
Property marketed by Klima Coast Servicios Inmobiliarios
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New construction: First line of the beach a few steps from the sea, 3 bedrooms ground floor apartment with a porch of 17,25m2, bedrooms, 1 bathrooms Included: Automatic blinds throughout the house, fitted wardrobes and pre-installation of air conditionning. Prime location. Close to bars, restaurants, shops, supermarket. Clinic. The completion of the work is estimated by the end of 2022. Possibility of optional parking.
Property Features
- 0 bedrooms
- 0 bathrooms
- 98m² Build size
- Pre-installation of air conditioner
- South orientation
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
15,500€
Final Payment of 90% on completion
166,500€
Property Purchase Expenses
Property price
185,000€
Transfer tax 8%
14,800€
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.