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Ref: 10698
Property marketed by Inmo Investments
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Situated in La Regia, this ground floor apartment provides 68 m2 of living space along with a patio garden of approximately 30 m2. The property comprises 2 bedrooms, a bathroom, a spacious independent kitchen, a living room with a fireplace, and a terrace of about 15 m2 with a storage room and barbecue facilities. It comes fully furnished. Walking distance to local amenities and 1.5km to the Cabo Roig beach and coastline.
Property Features
- 2 bedrooms
- 1 bathroom
- 68m² Build size
- 30m² Plot size
- Garden
- No pool
- Terrace
- Key ready
- White Goods
- Walking Distance to Amenities
- Built-in Wardrobes
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,500€
Final Payment of 90% on completion
94,500€
Property Purchase Expenses
Property price
105,000€
Transfer tax 8%
8,400€
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.