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Ref: AG19MLSC4724316
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Charming 2 Bed Apartment in Playa Levante. This charming 2-bedroom apartment in Playa Levante, Benidorm, offers breathtaking sea views and a tranquil living experience.Located in a quiet apartment block, this property boasts:- *Panoramic Sea Views*: Take in the stunning vistas of the Mediterranean Sea from the comfort of your own home.- *Pool and Tennis Courts*: Enjoy the community pool and tennis courts, perfect for relaxation and recreation.- *Parking*: Secure parking facilities are available for residents.- *Lift to Beach*: A convenient lift connects the apartment block to the beach, making it easy to soak up the sun and enjoy the sea.- *Modernization Opportunity*: With the property having been empty for over 12 years, there is ample opportunity for renovation and modernization to suit your taste and style.This apartment is an ideal project for investors or individuals looking to renovate and enjoy the beautiful Benidorm coastline. Don't miss out on this chance to own a piece of paradise!*Key Features:*- 2 bedrooms- Sea views- Pool- Tennis courts- Parking- Lift to beach- Quiet apartment block- Renovation opportunity*Perfect for:* Investors, renovators, or individuals seeking a tranquil beachside lifestyle.
Property Features
- 2 bedrooms
- 0 bathrooms
- 48m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
22,000€
Final Payment of 90% on completion
225,000€
Property Purchase Expenses
Property price
250,000€
Transfer tax 8%
20,000€
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.