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Ref: DH-P2561
Property marketed by Dreamhomes Spain
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At the Costa Blanca a wonderful groundfloor apartment in La Mata! Close to the center and the beach! With a large salon and living room and open kitchen! Big windows with mirrorglas and electric blinds! 2 bedrooms with bathrooms in suite! Further a guest toilet and storageroom! All new furniture! There is a large terrace with the whole day the sun! Still licence for bar/cafetaria activated.
Property Features
- 2 bedrooms
- 2 bathrooms
- Microwave
- Terrace
- Fiber Internet
- Terrace
- Hot Water Electric
- Airconditioning
- Open kitchen
- Ceramic cooker
- En-suite bathroom
- Automated blinds
- Near the Sea
- Double Glazing
- Storage Room
- WiFi
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,500€
Final Payment of 90% on completion
157,500€
Property Purchase Expenses
Property price
175,000€
Transfer tax 8%
14,000€
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.