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Property marketed by The Property Group
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Do you want to live (or invest) by the sea in Benidorm? This apartment has it all: location, light, comfort, and it doesn't need renovationA magnificent renovated and furnished apartment is for sale, located on the front line of the sea in the Poniente beach area 77 m² of efficiently used space with natural light in all rooms thanks to the southern orientation and corner locationIt consists of:- 3 bedrooms- 2 full bathrooms- Spacious and bright living-dining room- American kitchen- Entrance hall- Balcony- Garage space included in the price- Elevator in the buildingThe home is delivered ready to move in, fully furnished, with appliances, TV, air conditioning in the living room and master bedroom, and ceiling fans in all roomsAdvantageous location:beach a few meters away, supermarket, playgrounds, hairdressers, sports facilities, and public transport 5 minutes walkIdeal as a permanent residence, second home, or vacation rental (due to its location it is in high demand)
Property Features
- 3 bedrooms
- 2 bathrooms
- 77m² Build size
- Near Trees
- furnished
- near the beach
- open terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
40,000€
Final Payment of 90% on completion
387,000€
Property Purchase Expenses
Property price
430,000€
Transfer tax 8%
34,400€
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.