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Ref: AG19145162
Property marketed by Spain Property Shop S.L
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This beautiful two-bedroom apartment is situated in the center of the beautiful Spanish village of Algorfa. Within just a very short walk there is an array of shops, bars and restaurants. The blue flag beaches of Guardamar are a 15minute drive away and both Alicante and Corvera International airports are aprox a 35minute drive. The property is located on the 1st floor of the desirable Fontana 1 building with incredible views over orange groves and mountains. Off of the entrance hallway there is a fully fitted kitchen with white goods and separate utility room used for storage, washing machine, boiler etc. From the spacious living room there are 2 double bedrooms both with fitted wardrobes. Also off the living room is a family bathroom with both bath and a shower. Patio doors lead you out onto a large terrace where you can take in the breath-taking views. The property is being sold fully furnished and has ducted air conditioning throughout.As well as underground secure car parking space and a fabulous communal swimming pool. Viewing is highly recommended!
Property Features
- 2 bedrooms
- 1 bathroom
- 61m² Build size
- Balcony
- Veranda
- Aircondition, Split system
- Heating, Central
- Parking, Garage
- Storage
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,500€
Final Payment of 90% on completion
85,500€
Property Purchase Expenses
Property price
95,000€
Transfer tax 8%
7,600€
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.