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Ref: VZM029
Property marketed by VZM Makelaar
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Apartments five minutes from golf course. Apartment complex with two swimming pools, children's playground and petanque court. The apartments are neatly finished and for a package of less than € 5,000.00 it is fully furnished and delivered with white goods.
These apartments also have good rental potential so well worth the investment. A viewing is highly recommended.
These apartments also have good rental potential so well worth the investment. A viewing is highly recommended.
Property Features
- 2 bedrooms
- 2 bathrooms
- 60m² Build size
- Swimming Pool
- Terrace
- Garage
- Lift
- Solarium
- Pre-air conditioning
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
19,000€
Final Payment of 90% on completion
198,000€
Property Purchase Expenses
Property price
220,000€
Transfer tax 8%
17,600€
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.