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Ref: EMA8571Q
Property marketed by España Dream Properties

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Welcome to this nice apartment on the 1st floor located in the popular neighborhood of Los Frutales, near Playa Los Locos. Here you live in a central yet quiet and pleasant area, with only a 5-minute walk to the sea.The property offers a spacious living room with plenty of light that connects smoothly to the kitchen. The functional kitchen is well equipped with a dishwasher and washing machine and also an exit to a courtyard that is perfect for storage. The apartment has three airy bedrooms with windows and a good amount of light and also two bathrooms.On the ground floor of the property there is a small grocery store and a nice bar, making everyday life extra convenient. There is also a communal storage room on the ground floor which is perfect for storing bicycles, strollers or other belongings.SUMA/IBI (property tax): 382,32€ per yearCOMUNIDAD (association fee): 41€ per month
Property Features
- 3 bedrooms
- 2 bathrooms
- Lift
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,900€
Final Payment of 90% on completion
125,100€
Property Purchase Expenses
Property price
139,000€
Transfer tax 8%
11,120€
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.