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Ref: 056801/6907
Property marketed by Canary Hogar
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We offer for sale a cozy apartment located on the southern coast of Tenerife in the urbanization El Fraile. The apartment, 52 m2, is located on the 2nd floor of a residential building and consists of a spacious living room with an open kitchen, 2 bedrooms, a bathroom, an additional room and a balcony overlooking the street and the surrounding area. The apartment is furnished and equipped. Nearby there is all the necessary infrastructure: shops, bus stop, pharmacy, bank, school, sports complex, etc. The town of Las Galletas, sandy beach, fish market and harbor are within walking distance.~Community Fee 15 euros, IBI 101 euros, 2nd floor without elevator, excellent condition.~
Property Features
- View Video Tour
- 2 bedrooms
- 1 bathroom
- 52m² Build size
- Balcon
- telephone
- Wardrobes cupboard
- Light
- Water
- Terrace
- Furniture
- Appliances
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,850€
Final Payment of 90% on completion
133,650€
Property Purchase Expenses
Property price
148,500€
Transfer tax 10%
14,850€
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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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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