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Ref: ADE1363X
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First Floor Apartment with Garage Space for Sale in Los Montesinos, Alicante. This property is a first-floor apartment in a building with a lift. It has 125m² of constructed area, which is distributed into a living-dining room with a terrace, an independent kitchen with a large patio, three bedrooms, and two full bathrooms. The apartment is in perfect condition and is sold partially furnished. It includes a fully equipped kitchen, air conditioning installation, fitted wardrobes, and other features. Additionally, it has a garage space in the basement. Excellent location, close to all the main services and leisure facilities in the town.
Property Features
- 3 bedrooms
- 2 bathrooms
- Close to all Amenities
- Fitted Bathroom
- Manual Shutters
- dishwasher
- Air conditioning
- Parking Space
- Fitted Kitchen
- Independent Kitchen
- Oven
- Security grills
- Solarium
- Communal Garage
- Covered terrace
- Elevator
- NO Pool
- Basement Garage
- Fly screens
- Microwave
- Refrigerator
- residential area
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,500€
Final Payment of 90% on completion
121,500€
Property Purchase Expenses
Property price
135,000€
Transfer tax 8%
10,800€
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.