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Ref: AG19MLSC6700042
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Beautiful Townhouse in Monforte del CidThis charming townhouse is located in a peaceful urbanization of Monforte del Cid and offers everything you need for comfortable living under the Spanish sun. The property features two spacious bedrooms and two complete bathrooms, one equipped with a relaxing bathtub and the other with a practical shower.The heart of the home is formed by the open living space that seamlessly flows into the modern kitchen, creating an airy and social living environment. Adjacent to the kitchen, you'll find a charming patio, perfect for morning coffee or a quiet moment outdoors.A special feature of this property is the generous basement of 34 square meters, which offers countless possibilities for storage, a hobby room, or even a home office. On the roof, a beautiful solarium of 20 square meters awaits you, where you can make the most of the Mediterranean climate and enjoy the sun year-round.Additionally, the property boasts a 16 square meter terrace, ideal for cozy barbecues or relaxing after a long day. For your car, you have the flexibility to park it inside or use the public parking available on the street.This townhouse combines comfort, functionality, and the authentic charm of Spanish living, located in the attractive municipality of Monforte del Cid.
Property Features
- 2 bedrooms
- 2 bathrooms
- Solarium
- Veranda
- Heating, Central
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,000€
Final Payment of 90% on completion
117,000€
Property Purchase Expenses
Property price
130,000€
Transfer tax 8%
10,400€
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.