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Ref: MLSC6588875
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Don't miss out on this unique opportunity to acquire an absolutely fantastic apartment in the newly developed Flamenca Sun located in the popular Playa Flamenca! This apartment consists of two bedrooms, two modern bathrooms, and an open-plan layout The stylish living room provides direct access to a private terrace, offering a relaxing space to bask in the Spanish climateThe urbanization features a delightful green area with a communal pool for residents to cool off and enjoyLiving here allows you convenient access to various amenities such as restaurants, bars, and grocery stores within walking distance A mere 10-minute walk will lead you to the sea and the beautiful promenade that runs along the coast Additionally, in proximity lies Zenia Boulevard, a shopping center housing over 150 shops, restaurants, and multiple entertainment options like bowling and a casino
Property Features
- 2 bedrooms
- 2 bathrooms
- 73m² Build size
- 99m² Plot size
- TV and telephone connections
- Garage
- Key Ready
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
39,500€
Final Payment of 90% on completion
382,500€
Property Purchase Expenses
Property price
425,000€
Transfer tax 8%
34,000€
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.