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Ref: MLSC8582481
Property marketed by The Property Group
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This 2 bed 1 bathroom ground floor apartment is on the very popular peaceful urbanisation of Las Filipinas The front terrace will give you the perfect place to enjoy that al fresco dining as it is south-facing and overlooks the garden area There is an open plan modern lounge/diner which has recently been refurbished and has air conditioning There are two spacious light and airy bedrooms with a double bed and a twin room both with fitted wardrobes and a sofa bed sleeping 5 in total The fully equipped kitchen is open plan and leads into a utility room The property has a family bathroom with a walk in shower There is a lovely communal pool you can enjoy with landscaped garden areas and shaded places to sit and relax The apartment has a tourist licence and has a proven rental income
Property Features
- 2 bedrooms
- 1 bathroom
- 84m² Plot size
- Communal Pool
- Garden
- Refrigerator
- Furnished
- South facing
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,495€
Final Payment of 90% on completion
121,455€
Property Purchase Expenses
Property price
134,950€
Transfer tax 8%
10,796€
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.