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Cozy Ground-Floor Bungalow 300 Meters from La Mata Beach.This ground-floor bungalow is a great option for those looking for a home close to the sea at an affordable price.Features:1 bedroom and 1 bathroomOpen-plan kitchen9 m² patio6 m² utility room42 m² builtSouth-facingAnnual costs:IBI: €82Community fees: €204
Property Features
- 1 bedroom
- 1 bathroom
- American kitchen
- Key Ready
- Terrace
- Terrace: 9.00 m2
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,790€
Final Payment of 90% on completion
79,110€
Property Purchase Expenses
Property price
87,900€
Transfer tax 8%
7,032€
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%.
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.