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Top-floor apartment with separate entrance, in a very quiet gated community close to all amenitiesFeaturing 2 bedrooms, 73 m² of built area, a bright living room with access to the glazed terrace overlooking the communal pool, a fully equipped kitchen with breakfast bar, and a full bathroom with a window1st floor WITHOUT elevatorSupermarket, beachfront restaurant, hospital, health center, and general services are just minutes awayFully furnished, ready to move in, air conditioning with heat pumpYEAR OF CONSTRUCTION: 1994Exterior and interior woodworkOwners' community fee: APPROX €600 per yearProperty Tax (IBI) per year: €19210 (YEAR 2024)
Property Features
- 2 bedrooms
- 1 bathroom
- Communal Pool
- Yard
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,500€
Final Payment of 90% on completion
139,500€
Property Purchase Expenses
Property price
155,000€
Transfer tax 8%
12,400€
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.