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Ref: SV3896
Property marketed by Signature Villas SL
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This beautiful 2-bedroom apartment is located in a new apartment building that will be completed by the end of 2025. The apartment in question comprises a living-dining room, a fully equipped modern open-plan kitchen,a double bedroom with a dressing room and en suite bathroom, a second double bedroom and a second bathroom. There is also a spacious terrace. All flats have a parking space and a storage room. The complex has various facilities such as a communal garden with a swimming pool, paddle courts and several more facilities. On the 11th floor of the right tower IS a communal Spa area with an indoor pool, saunas and a jacuzzi.
Property Features
- 2 bedrooms
- 2 bathrooms
- 112m² Build size
- Garage
- newly built
- air conditioning
- fitted wardrobes
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
40,700€
Final Payment of 90% on completion
393,300€
Property Purchase Expenses
Property price
437,000€
Transfer tax 8%
34,960€
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.