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Ref: EDOS1891N
Property marketed by España Dream Properties

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Penthouse located 100 meters from Santa Pola Beach, close to all kinds of services, open year-round. Bus stop, shops, pharmacy, restaurants, and less than 500 meters from the Town Hall and the Castle.The apartment is on the 4th floor without an elevator. It needs renovation due to its original condition.It has a spacious terrace with side views of the beach. Its original design allows the apartment to be easily renovated, leaving the living room and kitchen open, and there is space to accommodate a total of 3 bedrooms and 2 spacious bathrooms.
Property Features
- 3 bedrooms
- 1 bathroom
- Vistas Al mar
- terraza
- 3 bedrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,000€
Final Payment of 90% on completion
116,996€
Property Purchase Expenses
Property price
129,995€
Transfer tax 8%
10,400€
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.