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Ref: AG19MLSC623755
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Renovated Apartment in RojalesWe present a first-floor apartment in a two-story house, fully renovated and ready to move in.The property features: Front terrace of approximately 20 m², east-facing, perfect for enjoying the morning sun. Spacious living-dining room with direct access to the terrace. Modern kitchen, equipped with oven and dishwasher, plus a practical adjoining pantry. Fully renovated bathroom with modern finishes. Two bedrooms, both bright; one with access to the backyard. Backyard of approximately 9 m². The location is excellent: just 100 meters from an outdoor public swimming pool and a street with several bars and restaurants.
Property Features
- 2 bedrooms
- 1 bathroom
- 68m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
6,900€
Final Payment of 90% on completion
89,100€
Property Purchase Expenses
Property price
99,000€
Transfer tax 8%
7,920€
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.