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Ref: BG-91306
Property marketed by Vivacosta
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53 m2 apartment project is located on the first floor and offers a spacious living room with dining room, a modern fully equipped kitchen, 1 double bedroom and a bathroom, it also has a large 13 m2 terrace, garage and storage room. The complex is located less than 300 m from the beach and is surrounded by various facilities such as restaurants, supermarket and gym. In addition to this apartment, there are 4 other 1-bedroom apartments for sale spread throughout the complex. It is planned to move into at the end of 2024.
Property Features
- 1 bedroom
- 1 bathroom
- 67m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,890€
Final Payment of 90% on completion
161,010€
Property Purchase Expenses
Property price
178,900€
Transfer tax 8%
14,312€
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.