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Expenses and taxes not included in the price. The purchase entails taxes and formalization costs for the buyer. As a guideline, it is reported that in second transfers the ITP in general in Andalusia is 7%, 10% for new builds and off plan properties and there may be other tax rates depending on the personal circumstances of the buyer or other circumstances provided for by law. Taxable base of the tax is the higher of the purchase price, the appraisal or the cadastral reference value. As for the notary and registry expenses, if applicable, they usually range approx; between 1.5% and 3% (variable tariffs depending on price, number of copies and complexity). The buyer chooses a notary. If the buyer needs a mortgage: appraisal, conditions and bank costs will be according to the entity chosen by the buyer, as well as the management costs, and any other expenses inherent to the formalisation of the sale that legally correspond to the buyer, unless expressly agreed otherwise with the seller.
Middle Floor Apartment, Mijas Costa, Costa del Sol.
2 Bedrooms, 2 Bathrooms, Built 110 m², Terrace 20 m².
Setting : Close To Golf, Urbanisation.
Orientation : South.
Condition : Fair.
Pool : Communal, Children`s Pool.
Climate Control : Air Conditioning.
Views : Sea, Panoramic, Pool.
Features : Covered Terrace, Lift, Fitted Wardrobes, Private Terrace, Utility Room, Ensuite Bathroom, Marble Flooring, Double Glazing.
Furniture : Not Furnished.
Kitchen : Fully Fitted.
Garden : Communal.
Security : Gated Complex, Entry Phone.
Parking : Underground, Covered, Private.
Category : Resale.
Egenskaper
- 2 sovrum
- 2 badrum
- 110m² Bygg storlek
- Simbassäng
- Setting - Close To Golf
- Setting - Urbanisation
- Orientation - South
- Condition - Fair
- Pool - Communal
- Pool - Children`s Pool
- Climate Control - Air Conditioning
- Views - Sea
- Views - Panoramic
- Views - Pool
- Features - Covered Terrace
- Features - Lift
- Features - Fitted Wardrobes
- Features - Private Terrace
- Features - Utility Room
- Features - Ensuite Bathroom
- Features - Marble Flooring
- Features - Double Glazing
- Furniture - Not Furnished
- Kitchen - Fully Fitted
- Garden - Communal
- Security - Gated Complex
- Security - Entry Phone
- Parking - Underground
- Parking - Covered
- Parking - Private
- Category - Resale
Kostnadsfördelning
* Överföringsskatt baseras på försäljningsvärdet eller matrikelvärdet som är det högsta.
** Informationen ovan visas endast som en guide.
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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.