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Stunning Fully Renovated Apartment in Cabo Roig – A Perfect Blend of Comfort and Investment Potential"This beautifully renovated 1-bedroom, 1-bathroom apartment, facing southeast, offers a perfect combination of modern living and a fantastic investment opportunity Situated in the sought-after Aguamarina residence, this property enjoys high rental demand, making it an ideal choice for both personal use and investmentMeticulously maintained, the apartment boasts a brand-new kitchen and bathroom, along with a spacious living/dining area that opens onto a sun-filled terrace The well-equipped kitchen complements the open-plan living space, while the bedroom features ample fitted wardrobes The expansive private terrace is perfect for soaking up the sun throughout the dayWith a total area of 72m², this apartment also includes private underground parking and easy elevator access The gated complex offers a beautifully landscaped garden, a large communal swimming pool, and a welcoming reception areaIdeally situated in the heart of Cabo Roig, with vibrant bars, shops, and restaurants just moments away, and only a 3-minute stroll to the pristine sandy beaches, this property offers the perfect coastal lifestyle
Property Features
- 1 bedroom
- 1 bathroom
- 72m² Build size
- Street parking
- Balcony
- Built in wardrobes
- Elevator
- Garage
- Gated community
- Oven
- Terrace
- Washing Machine
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,900€
Final Payment of 90% on completion
152,100€
Property Purchase Expenses
Property price
169,000€
Transfer tax 8%
13,520€
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.