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Property marketed by The Property Group
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Here we have a bright and spacious top-floor apartment for sale in Los Palacios - Formentera Del Segura, Costa Blanca South The property is makes up part of an attractive complex (Formentera III) a fully gated building With only 28 properties sharing well-presented communal areas, lift access, plus a large communal solarium where you have: an indoor gymnasium, toilet and shower facilities, plus some wonderful countryside and mountain views The accommodation is made up of 2 bedrooms (each with fitted wardrobes), bathroom, open-plan kitchen and longe dimning area Patio doors lead from lounge and master bedroom onto terrace with stunning views There is also a private storage room (481sqm) located underground which is included in the price The municipal swimming pool is situated just a short walk away Los palacios is part of the village of Formentera del Segura and is located in between the two Spanish villages of Formentera del Segura and Rojales Los Palacios has an array of amenities at hand including supermarkets, bars, restaurants, shops, doctors etc Los Palacios is a short drive from the water park in Ciudad Quesada along with the great golf courses of La Marquesa in Ciudad Quesada and La Finca A 10 minute drive will bring you to the Blue flag beaches of Guardamar del Segura and you will find Alicante airport 30 minutes away and Covera Airport 55 minutes away
Property Features
- 2 bedrooms
- 1 bathroom
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,500€
Final Payment of 90% on completion
76,500€
Property Purchase Expenses
Property price
85,000€
Transfer tax 8%
6,800€
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.