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Ref: Salina-2
Property marketed by MGP - Golf & Coastal Properties
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An opportunity to purchase a brand new two bedroom first (top) floor apartment located next to the communal swimming pool on this small development in San Pedro del Pinatar. The development is located within easy reach of restaurants and bars and minutes from the natuire reserve, beach and marina. This spacious apartment has a spacious 64 sq'm solarium terrace. There is an open-plan living room, master bedroom with en-suite, second double bedroom, family bathroom and a parking space. The apartments would make ideal holiday homes or rental investments. Contact MGP to arrange a viewing.
Property Features
- 2 bedrooms
- 2 bathrooms
- 71m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,990€
Final Payment of 90% on completion
179,910€
Property Purchase Expenses
Property price
199,900€
Transfer tax 8%
15,992€
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.