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Ref: AG19145121
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This terraced house in Doña Pepa (Ciudad Quesada) is built on 2 floors.Ground floor with living / dining room, kitchen, 1 bedroom, 1 bathroom and terraces at the front and rear.First floor with 2 bedrooms, 1 bathroom and terraces at the front and rear.From the living room there is access to the beautiful communal garden, with 3 swimming pools and jacuzzisThe house is located in a closed complex 10 minutes from the center of Ciudad Quesada and 10 minutes from the sandy beaches of Guiardamar del Segura.
Property Features
- 3 bedrooms
- 2 bathrooms
- 101m² Build size
- 114m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
19,500€
Final Payment of 90% on completion
202,500€
Property Purchase Expenses
Property price
225,000€
Transfer tax 8%
18,000€
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.