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Bungalow for Sale in San Miguel de Salinas - El Galán - Galán Golf Residential AreaA top-floor bungalow for sale, southeast-facing, located in the Galán Golf residential area of ??San Miguel de Salinas The property features the following features:Two well-appointed bedroomsOne full bathroom with bathtubA spacious living-dining room with air conditioning and a ceiling fanAn open-plan kitchen is integrated into the living roomThe residential complex offers a communal pool, barbecue area, and sun loungersThe property is sold as shown in the photos, ready to move into Its location is ideal, just 1,000 meters from basic services, 5 km from the beach, and 45 km from the airportPerfect as a permanent residence or second home to enjoy the climate and tranquility of the areaThose interested, please contact us for more information or viewings
Property Features
- 2 bedrooms
- 1 bathroom
- 52m² Build size
- Entrance Hall
- Close to amenities
- Close to golf
- Close to schools
- Close to shops
- Fitted wardrobes
- Terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,000€
Final Payment of 90% on completion
99,000€
Property Purchase Expenses
Property price
110,000€
Transfer tax 8%
8,800€
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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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.