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Ref: HP88218E
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One of several apartments for sale in a beautiful modern new apartment complex, currently UNDER CONSTRUCTION, and due to be completed in mid-2023. Situated within 500m WALK TO the beach, port and town of Denia. This apartment offers: lounge, with dining area; fully equipped, modern, open kitchen; 2 double bedrooms; bathroom; master bedroom, with bathroom en suite. In addition, all apartments have a beautiful balcony; parking and storage available. The complex offers a spacious communal garden, with swimming pool and a gym. HP88218E
Property Features
- 3 bedrooms
- 2 bathrooms
- 136m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
28,700€
Final Payment of 90% on completion
285,300€
Property Purchase Expenses
Property price
317,000€
Transfer tax 8%
25,360€
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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Spanish Property News & Updates by Spain Property Portal.com
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.