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Ref: AI-69538
Property marketed by Vivacosta
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Penthouse apartment with panoramic sea and mountain views, located in a secure gated community near the center of Altea. South-facing with a very spacious south facing terrace, the property includes two bedrooms and two bathrooms.The apartment is sold fully furnished with quality décor and includes a parking space and storage room. Community amenities feature indoor and outdoor pools, gardens, gym, and sauna. A move-in-ready option in a sought-after coastal location.
Property Features
- 2 bedrooms
- 2 bathrooms
- 183m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
51,900€
Final Payment of 90% on completion
494,100€
Property Purchase Expenses
Property price
549,000€
Transfer tax 8%
43,920€
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.