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Ref: MLSC9371220
Property marketed by The Property Group
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2-bed, 1-bath apartment in San Miguel de Salinas, located in a quiet residential area with communal pool Slightly dated inside but in very good condition throughout
Features a spacious layout, a large private solarium with open views, and a bright living area Walking distance to amenities
Approx 15 mins to the coast, 10 mins to golf, and 45 mins to Alicante Airport
Great potential as a holiday home or rental investment
Property Features
- 2 bedrooms
- 1 bathroom
- 52m² Build size
- Landscaping
- Solarium
- Terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,900€
Final Payment of 90% on completion
107,100€
Property Purchase Expenses
Property price
119,000€
Transfer tax 8%
9,520€
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.