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Ref: GLM2515N
Property marketed by Just Murcia Property
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Fully renovated lovely corner 1st floor apartment with 1 bedroom and 1 bathroom. There is a large front terrace and a more private solarium upstairs allowing for elevated views over the immediate park , communal pool and local area.The property has a lovely spacious lounge and dining area. The kitchen is compact and with space for everything. There is a double bedroom and also a bathroom. The property has access to a communal pool. The apartment is well located and allows for walking distance to everything including, bars, restaurants, supermarkets and also the beach and promenade. The property has been renovated to a very high standard which allows the new owners to add some furnishings and start enjoying themselves.
Property Features
- 1 bedroom
- 1 bathroom
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,995€
Final Payment of 90% on completion
125,955€
Property Purchase Expenses
Property price
139,950€
Transfer tax 8%
11,196€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.