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Ref: AI-36653
Property marketed by Vivacosta
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Luxury penthouse for sale in Altea, located in a first-line building just steps from the beach. The 118 m² apartment features 3 bedrooms, including a master with a private terrace overlooking Altea’s old town. The open-plan living and dining area opens onto a spacious terrace with Mediterranean Sea views. Modern kitchen with high-quality appliances, central air conditioning and heating, built-in wardrobes, and elevator access. Sold fully finished and ready to move in.No private parking but excellent public parking nearby. Ideal coastal home with easy access to local amenities.
Property Features
- 3 bedrooms
- 2 bathrooms
- 118m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
56,500€
Final Payment of 90% on completion
535,500€
Property Purchase Expenses
Property price
595,000€
Transfer tax 8%
47,600€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.