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Ref: AG19145615
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Nice two-floor bungalow in urbanization close to the beach La Mata. The property has a living-dining room, an open-plan kitchen, and a bathroom and a bedroom on the upper floor. At the entrance on the ground floor, there is a porch of 6 m2 and in front of it a garden of 8 m2. The bungalow is perfect for spending your holidays and is only 750m from the beach. All amenities, such as supermarkets, restaurants, and bus stops are nearby.
Property Features
- 1 bedroom
- 1 bathroom
- 47m² Build size
- 8m² Plot size
- Near bus route
- Aircondition, Split system
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,980€
Final Payment of 90% on completion
89,820€
Property Purchase Expenses
Property price
99,800€
Transfer tax 8%
7,984€
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.