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Property marketed by Anderssons.es
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*** OFFERED BY ANDERSSONS.ES ***For sale: Duplex in Maspalomas / Campo InternacionalVery nice newly renovated Duplex (40m²) with terrace and garden (20m²).On the ground floor there is a living room with American style kitchen with hob, oven and fridge/freezer.There's also a toilet and a washing machine.On the terrace there's also a sink and a small fridge.Upstairs there is a bedroom with a fitted wardrobe and a bathroom with shower.There's also a large communal swimming pool in the complex.The community fees of 140€ / month include water and electric expenses.
Property Features
- 1 bedroom
- 2 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
20,900€
Final Payment of 90% on completion
215,100€
Property Purchase Expenses
Property price
239,000€
Transfer tax 10%
23,900€
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.