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Beautiful South-Facing Top Floor Apartment in Montemar, AlgorfaLocated in the sought-after area of Montemar, Algorfa, this charming 2-bedroom, 1-bathroom top floor apartmentoffers the perfect blend of comfort, views, and community living.Enjoy gorgeous south-facing views from your private balcony — ideal for soaking up the sun or relaxing with a morning coffee. This property also boasts a large private solarium, providing plenty of space for sunbathing, entertaining, or simply taking in the panoramic surroundings.Set within a lovely, secure community, residents benefit from a stunning communal pool area, perfect for cooling off on warm days or socializing with neighbors.Whether you're looking for a permanent residence, a holiday home, or an investment property, this apartment offers excellent value in a tranquil yet well-connected location.
Property Features
- 2 bedrooms
- 1 bathroom
- Swimming Pool
- Close to medical centre
- Blinds
- Parking on road
- Roof Terrace
- Air conditioning
- Close to schools
- Close to sports facilities
- Private Solarium
- Country Views
- Communal garden
- South Facing
- Garden/pool view
- Close To Town And Amenities
- Communal Pool
- Walking distance to shops, restaurants, ...
- Close to golf resort
- Close to shops, restaurants, ...
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,000€
Final Payment of 90% on completion
107,996€
Property Purchase Expenses
Property price
119,995€
Transfer tax 8%
9,600€
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.