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Ref: ADE4692P
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Spacious 3-Bedroom, 2-Bathroom Apartment in the Heart of Algorfa VillageStep into this bright and generously sized 3-bedroom, 2-bathroom apartment located in the charming and tranquil village of Algorfa. This well-laid-out home features a separate fully-fitted kitchen and a large living room, both designed with windows that allow natural light to flow throughout the entire space, creating a bright and welcoming atmosphere.The apartment includes two balconies—one accessible from both the kitchen and living room, ideal for enjoying meals or relaxing in the sun, and a second balcony accessible from two of the spacious bedrooms, perfect for a quiet morning coffee or unwinding in the evening.All three bedrooms are very well-proportioned, offering plenty of space for comfortable living or accommodating guests. Set in a friendly, traditional Spanish village, you’ll be just a short walk from local shops, cafes, and all essential amenities.This is an ideal property for families, holidaymakers, or as a smart investment in the beautiful Costa Blanca region.
Property Features
- 3 bedrooms
- 2 bathrooms
- Close to schools
- Close To Town And Amenities
- South Facing
- Walking distance to shops, restaurants, ...
- Close to shops, restaurants, ...
- Close to golf resort
- Close to sports facilities
- Close to medical centre
- Air conditioning
- Blinds
- Country Views
- Panoramic views
- mountain views
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,500€
Final Payment of 90% on completion
139,496€
Property Purchase Expenses
Property price
154,995€
Transfer tax 8%
12,400€
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.