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Investment! Great Townhouse in Los Balcones
Duplex housing
2 bedrooms
2 bathrooms
M2 64
REAR terrace south facing 25 m2
FRONT terrace 38 m2
Communal swimming pool
Tennis court
Large garden areas
The housing needs improvements
Annual community €475
IBI €150
Duplex housing
2 bedrooms
2 bathrooms
M2 64
REAR terrace south facing 25 m2
FRONT terrace 38 m2
Communal swimming pool
Tennis court
Large garden areas
The housing needs improvements
Annual community €475
IBI €150
Property Features
- 2 bedrooms
- 2 bathrooms
- Swimming Pool
- near transport
- near beach
- close to shops
- close to golf
- garden
- terrace
- pool
- children's pool
- communal pool
- good rental potential
- very good access
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,990€
Final Payment of 90% on completion
89,910€
Property Purchase Expenses
Property price
99,900€
Transfer tax 8%
7,992€
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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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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.