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Ref: AG19142793
Property marketed by Spain Property Shop S.L
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We are very proud to offer this Recently renovated apartment for sale in Monovar. This second-floor apartment has been renovated and is in excellent condition. It consists of two bedrooms, a bathroom, a large hallway, and a separate kitchen and dining room.The house is bright and comfortable and is very spacious, close to all services within walking distance and with excellent transport links to the city of Alicante.The town of Monovar is an excellent town to live in with very good parks, bars, and restaurants. There are 24-hour shops, hiperber and mercadona supermarkets. A medical clinic and a dentist. Monovar is 35 minutes from the center of Alicante, just 19 minutes from Aspe, and 15 minutes from the town of Pinoso.The geography around Monovar has some of the best mountains in Alicante for hiking and cycling routes, as well as some natural pools. Country hotels and some excellent restaurants are all in the same location.The property is sold fully furnished.
Property Features
- 2 bedrooms
- 1 bathroom
- Storage
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,000€
Final Payment of 90% on completion
80,996€
Property Purchase Expenses
Property price
89,995€
Transfer tax 8%
7,200€
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.