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Ref: 10449
Property marketed by Inmo Investments
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This spacious two-bedroom apartment in Benijofar offers convenience as a permanent home or a lock-and-leave holiday getaway. Located within walking distance to various amenities like bars, restaurants, shops, and supermarkets, it's ideally situated.The property, positioned on the first floor with lift access, features an American-style kitchen, a lounge/diner leading to a terrace, spiral stairs to a large private solarium, two double bedrooms with built-in wardrobes, a bathroom, and air conditioning in the lounge (not tested).Residents can enjoy two communal pools in the complex and relax in the surrounding areas. Additionally, it includes underground parking. Benijofar, a popular and diverse location, provides doorstep amenities and proximity to Ciudad Quesada and the AP7 motorway, offering quick access to Elche, Alicante, and the airport within about 35 minutes.
Property Features
- 2 bedrooms
- 1 bathroom
- 70m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,995€
Final Payment of 90% on completion
107,955€
Property Purchase Expenses
Property price
119,950€
Transfer tax 8%
9,596€
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.