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Bank property:Beautiful house on the ground floor with a garden, distributed in a living room with a furnished American kitchen, a bedroom and 2 bathrooms. The apartment has tile floors and air conditioning. Garage and storage room as annexes located on the -1 floor of the building. Fantastic community pool. Located in Finestrat, just 4 km from the Terra Mítica Theme Park, 8 minutes from Benidorm and 50 kilometers from Alicante-Elche airport. It is accessed by road through the AP-7 motorway, through exits 65-A. From there, a local road in good condition connects with the town in a few minutes. It can also be accessed directly from the national N-332.Constructed area: 68 m²Fitted kitchen, Air conditioning, Community garden, Community pool, Garage: In the building
Property Features
- 1 bedroom
- 2 bathrooms
- 68m² Build size
- Swimming Pool
- Pool
- open plan kitchen
- Storage
- garden
- terrace
- parking
- underground parking
- Communal Pool
- Gated Community
- air conditioning
- Costa Blanca
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,320€
Final Payment of 90% on completion
146,880€
Property Purchase Expenses
Property price
163,200€
Transfer tax 8%
13,056€
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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