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Ref: AG19145588
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Introducing a charming bungalow for sale in Los Narejos, ideally situated just 1 km away from the Mar Menor beach. This bungalow boasts 2 bedrooms, 1 bathroom, central heating, and air conditioning, ensuring comfort in all seasons. Enjoy the solarium, offering panoramic views of the surroundings. Conveniently located within walking distance of shops and amenities, this property offers both convenience and tranquility. Step onto the front terrace, enclosed with glass curtains. With its ideal location and inviting features, this bungalow presents an excellent opportunity for a perfect holiday home in the sunny paradise of Los Narejos.
Property Features
- 2 bedrooms
- 1 bathroom
- 74m² Build size
- 120m² Plot size
- Outdoor kitchen
- Solarium
- Veranda
- Washer
- Barbeque
- Kitchen appliances
- Aircondition, Split system
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,500€
Final Payment of 90% on completion
112,500€
Property Purchase Expenses
Property price
125,000€
Transfer tax 8%
10,000€
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.