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Ref: AP201
Property marketed by Inland Andalucia
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This easy living ground floor apartment is situated in the town of Alameda in the Malaga province of Andalucia, Spain. This newly constructed 1 bedroom apartment is located just off the town center within easy walking distance to all of the local amenities Alameda has to offer including plenty of bars and restaurants, large supermarkets and a medical center. The apartment is on the ground floor and offers 1 bedroom a full bathroom a good size lounge diner and a tiled room with plumbing in place ready for a kitchen to be installed. The apartments benefit from lift access and share a communal roof terrace and this is also ideal for washing. Nicely finished, good location !
Property Features
- 1 bedroom
- 1 bathroom
- 51m² Build size
- 51m² Plot size
- Close to Amenities
- Electric Entry Phone
- On Street Parking
- Patio
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
2,995€
Final Payment of 90% on completion
53,955€
Property Purchase Expenses
Property price
59,950€
Transfer tax 10%
5,995€
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.