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Ref: JAD-89396
Property marketed by OLIVIA REAL ESTATE
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We bring this modern refurbished apartment to the market with a living space of 75m2.The living space is distributed as such you enter the lounge/dining room that has a Juliet balcony accessable via patio doors, there are two very large double bedrooms the master having an en-suite in addition to this there is a family bathroom, there is also a seperate room that is a laundy room /office. There is a modern open plan kitchen.The property is offered for sale part furnished and all furnishings are new, the comunual swimmin gpool can be found on the large roof top solarium and there is a lift to all floors.Located in the village of Algorfa it is withing walking distance to shops, bars and restaurants.
Property Features
- 2 bedrooms
- 2 bathrooms
- 75m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,500€
Final Payment of 90% on completion
67,500€
Property Purchase Expenses
Property price
75,000€
Transfer tax 8%
6,000€
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.