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Ref: AG19146118
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Excellent apartment located on the second line, near the beach of La Cala. The apartment has an area of 75 m2 and has 2 bedrooms, 2 bathrooms, living room, fitted kitchen and terrace. Beautiful views of the green urbanization and the pool. Parking is included in the price. There is the possibility of buying a storage room for 8500 euros. The house is surrounded by all services, shops and bars.
Property Features
- 2 bedrooms
- 2 bathrooms
- 75m² Build size
- Garden
- Parking, Uncovered
- Elevator
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
21,500€
Final Payment of 90% on completion
220,500€
Property Purchase Expenses
Property price
245,000€
Transfer tax 8%
19,600€
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.