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Ref: MLSC6876174
Property marketed by The Property Group
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Unique opportunity in a quiet and well-connected area This 3-level walled-in bungalow offers great potential for investors seeking long-term returns Each floor measures approximately 69?m², making a total of around 207?m², plus a private 15?m² rooftop solarium with open views—perfect for enjoying the Mediterranean sun and surroundings Located just 900?m from the beach, in a well-maintained residential community with 2 communal pools, ideal for families or vacation use The area is peaceful yet close to all essential services, with good road access and proximity to leisure areas Perfect property for a full renovation with excellent rental or resale potential The area has strong prospects for appreciation in the coming years You can refer to the floor plans to guide you through the layout of each level
Property Features
- 3 bedrooms
- 2 bathrooms
- 207m² Build size
- 111m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,500€
Final Payment of 90% on completion
130,500€
Property Purchase Expenses
Property price
145,000€
Transfer tax 8%
11,600€
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.