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Fully renovated apartment for sale in a first-line building in Altea, with direct access to the promenade. Located on the non-sea-facing side but just steps from the beach. 60 m² usable space (80 m² built), with 2 bedrooms and 1 bathroom. Includes a modernised kitchen, updated bathroom, living/dining area, and glazed terrace facing a quiet side street.Sold fully furnished. Features central air conditioning (new installation) and parquet-style flooring. Two new elevators in the building. No private parking or storage, but public parking available nearby. Excellent location close to shops, restaurants, pharmacy, and public transport.
Property Features
- 2 bedrooms
- 1 bathroom
- 80m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
24,450€
Final Payment of 90% on completion
247,050€
Property Purchase Expenses
Property price
274,500€
Transfer tax 8%
21,960€
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.