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Ref: EMA7057E
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Renovated apartment with terrace and sea views in Punta PrimaCozy 1-bedroom apartment for sale in Punta Prima, just 500 meters from the beach and the popular Nautilus restaurant. The property has been recently renovated and features a private terrace with side sea views, perfect for enjoying the Mediterranean environment and climate.Located in a quiet community with two communal swimming pools, the apartment is in good condition and is sold semi-furnished, offering the possibility to personalize it to your taste before moving in.Ideal as a second home or a vacation rental investment, in a high-demand area with all services just minutes away: supermarkets, public transport, restaurants, and leisure areas.An excellent opportunity in a prime location on the Costa Blanca. Come and see it!Floor: 3 out of 6SUMA/IBI (property tax): 200 € per yearCOMUNIDAD (Association fee) : 46 € per month
Property Features
- 1 bedroom
- 1 bathroom
- Swimming Pool
- Furnished
- Lift
- Terrace
- Balcony
- Air conditioner
- Electricity
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,000€
Final Payment of 90% on completion
153,000€
Property Purchase Expenses
Property price
170,000€
Transfer tax 8%
13,600€
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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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.