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Ref: AG19MLSC7327704
Property marketed by Spain Property Shop S.L

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Do you want to enjoy Spain's wonderful climate and spend a lot of time outdoors, even in the hottest months? Then this ground floor property offers you a large terrace in the recidential area only 500 meters from the popular Playa de los Locos. The apartment consists of an open-plan layout with kitchen and living-dining room, one double bedroom and one bathroom. The apartment would benefit from some updating.The property includes a communal pool and garden and is located close to supermarkets, bars, restaurants, pharmacies, children’s playgrounds and public transportation.You also have Playa del Cura within a walking distance.
Property Features
- 1 bedroom
- 1 bathroom
- 43m² Build size
- Veranda
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,800€
Final Payment of 90% on completion
106,200€
Property Purchase Expenses
Property price
118,000€
Transfer tax 8%
9,440€
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.