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Ref: 056021/6907
Property marketed by Canary Hogar
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Beautiful two storey townhouse for sale in the exclusive residential complex Sotavento II, located just 100 metres from the sea. An ideal property both as a permanent residence and as an investment, as holiday rentals are allowed (VV licence).~~???? Distribution of the property:~~Basement: Large private garage with capacity for two cars.~~First floor:~~Bright living room with integrated kitchen.~~1 complete bathroom~~Two terraces:~~Front terrace with private garden of 25 m².~~Rear terrace next to the living room of approximately 10 m².~~First floor:~~2 bedrooms~~Master bedroom with terrace and sea views~~1 complete bathroom with jacuzzi~~???? Year of construction: 2007~????️ Sold furnished, as shown in the pictures.~~????♂️ Communal areas of the complex:~~Three swimming pools~~Large garden areas~~Tennis court~~???? Unbeatable location:~Only 10 minutes by car from El Médano and 15 minutes from the South Airport, with all services nearby and a peaceful setting by the sea.~~Unique opportunity to acquire a property ready to move into or to obtain immediate profitability through holiday rentals.
Property Features
- 2 bedrooms
- 2 bathrooms
- 180m² Build size
- Swimming Pool
- Balcon
- Alarm Theft
- telephone
- Wardrobes cupboard
- Video Intercom
- Prime line of the beach
- Light
- Water
- Vistas al mar
- Alarm Fire
- Residencial
- Terrace
- Garage
- Community Pool
- Air-Conditioning
- Alarm
- Garden
- Furniture
- Appliances
- Storeroom
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
52,500€
Final Payment of 90% on completion
499,500€
Property Purchase Expenses
Property price
555,000€
Transfer tax 10%
55,500€
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.