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Ref: A794
Property marketed by David Santiago Inmobiliaria

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Fantastic 3-bedroom apartment for sale located in the new area of Torre del Mar just a few steps from the beach, it has a swimming pool and paddle tennis court. Parking and storage room included in the price. A south-facing apartment ideal both as a habitual residence and as a second home or investment. A unique opportunity to enjoy the sea and the comfort of a home ready to move into. Optional garage + 25000€
Property Features
- 3 bedrooms
- 2 bathrooms
- 115m² Build size
- Swimming Pool
- Parking : 1 P.Spot
- Swimming pool : Yes
- Sun/facing : South
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
31,850€
Final Payment of 90% on completion
313,650€
Property Purchase Expenses
Property price
348,500€
Transfer tax 10%
34,850€
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.