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Ref: AG19145741
Property marketed by Spain Property Shop S.L
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Bright bungalow with 3 double bedrooms, 3 bathrooms, a spacious basement with ventilation and natural light, a separate kitchen, glazed terrace, and a porch of 25m2 where you can put a barbecue and table with chairs. In front of the house, there is a communal garden with pine trees and flowers, giving a fresh and green atmosphere in hot summer. The duplex is only 160 m from the famous beach of La Mata. It is a perfect holiday home.
Property Features
- 3 bedrooms
- 3 bathrooms
- 80m² Build size
- 25m² Plot size
- Garden
- Near bus route
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,980€
Final Payment of 90% on completion
179,820€
Property Purchase Expenses
Property price
199,800€
Transfer tax 8%
15,984€
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.