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This apartment is located in Formentera del Segura, just a 15-minute drive from the beaches of Guardamar del Segura and approximately 35 minutes from Alicante airport The lively town of Benijófar, with numerous entertainment options, is just a short walk away
The apartment is sold unfurnished and features a living area with open kitchen, two bedrooms, and a bathroom with shower and toilet The rooftop offers a swimming pool, gym, and sauna, perfect for relaxation and fitness
Included in the price are an underground parking space and a storage room, making this an exceptional opportunity for both living and investment on the Costa Blanca
The apartment is sold unfurnished and features a living area with open kitchen, two bedrooms, and a bathroom with shower and toilet The rooftop offers a swimming pool, gym, and sauna, perfect for relaxation and fitness
Included in the price are an underground parking space and a storage room, making this an exceptional opportunity for both living and investment on the Costa Blanca
Property Features
- 2 bedrooms
- 1 bathroom
- 49m² Build size
- Rental Potential
- Close to town
- Countryside views
- Lift
- Storage room
- Underground parking
- Unfurnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,000€
Final Payment of 90% on completion
63,000€
Property Purchase Expenses
Property price
70,000€
Transfer tax 8%
5,600€
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.