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Property marketed by Larrondo Servicios Inmobiliarios
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PRICE €93,000 - RENTAL PROFITABILITY IN 2023 MORE THAN €10,000 PEÑÍSCOLA. CERRO MAR, 100 meters from the south beach, 1 BEDROOM APARTMENT FOR SALE OF 55 m2, WITH TERRACE AND PARKING, complete renovation in 2022, very comfortable furniture and has lots of light. The upper part of the building has a communal deck that can be accessed by elevator and enjoy beautiful views of the castle and the sea. The apartment has a bedroom with a double bed, built-in wardrobe, ceiling fan and access to the terrace. The living room has air conditioning with hot and cold pump, a very comfortable sofa bed for 2 people, auxiliary furniture for clothes and dining table for 4 people; kitchen and bathroom with shower tray; It has access to free wifi and private parking space.
Property Features
- 1 bedroom
- 1 bathroom
- 60m² Build size
- terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,300€
Final Payment of 90% on completion
83,700€
Property Purchase Expenses
Property price
93,000€
Transfer tax 10%
9,300€
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.