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Ref: AG12Ti1045
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55m2 south facing apartment, 1 bedroom, independent kitchen, complete bathroom, closed garage, community pool, terrace, gallery, furnished and equipped, ready to move in, close to all kinds of services, 800 meters from the beach .
Ibi taxes apartment + garage €173/year, community fees €30/month
Ibi taxes apartment + garage €173/year, community fees €30/month
Property Features
- 1 bedroom
- 1 bathroom
- Swimming Pool
- Balcony
- Parking, Garage
- Pool, Communal
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
3,990€
Final Payment of 90% on completion
62,910€
Property Purchase Expenses
Property price
69,900€
Transfer tax 8%
5,592€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.