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Ref: A872
Property marketed by David Santiago Inmobiliaria

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Property for sale with renovation and decoration project included Just 50 meters from the beach - Frontline with side sea views CURRENT STATE OF THE PROPERTY Property distributed over 4 floors: Ground floor: Living room, kitchen and washer/dryer room First floor: Master bedroom, single bedroom, full bathroom and balcony Second floor: 2 additional bedrooms and a storage room Third floor: Terrace with side sea views (north facing) REFORM PROJECT (INCLUDED IN THE OPERATION) Proposal for modern, functional redistribution with the option of two independent homes: Ground floor: Independent apartment with 1 bedroom + full bathroom First floor: Living room with integrated kitchen (open space) + bathroom Second floor: 2 bedrooms + storage room (or multipurpose area) Third floor: Bedroom with access to terrace + barbecue area Ideal as a second independent home with its own access or as a luxury suite with outdoor space ADVANTAGES AND POTENTIAL Decorator project included: Start with a clear vision! Possibility to create two independent homes Exceptional location: At the Torre del Mar Lighthouse, by the sea. Perfect opportunity to: Investors (high profitability in holiday rentals) Families who want to live near the sea Entrepreneurs in the tourism sector Property management fees not included in the price. (Price negotiable)
Property Features
- 4 bedrooms
- 1 bathroom
- 125m² Build size
- Furnished : Yes
- Garden : Yes
- Sun/facing : South
- Closeby : Street/market
- Closeby : Restaurants/bars.
- Closeby : Drugstore
- Closeby : School
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
26,500€
Final Payment of 90% on completion
265,500€
Property Purchase Expenses
Property price
295,000€
Transfer tax 10%
29,500€
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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