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Top Floor Apartment with Private Solarium – VillamartinThis beautifully renovated top floor apartment is situated in a secure gated community in the popular Villamartin area, just a short stroll to a wide selection of bars, restaurants, shops, and conveniently set on a bus routeThe property has been modernised with great taste and offers a bright and spacious lounge diner with an open-plan, good-sized kitchen From the living area, you step out onto a lovely terrace, ideal for enjoying your morning coffeeThere are 2 comfortable bedrooms and a modern, renovated shower room Upstairs, the property boasts a large private solarium with far-reaching views, including the sea – the perfect space for outdoor dining, sunbathing, or entertaining friends and familySet within a well-maintained, secure complex, residents can enjoy a choice of beautiful communal poolsGated community3rd floor with private solarium, there is no liftSea and open viewsRenovated throughout2 bedrooms, 1 bathroomCommunal pool areasClose to all amenitiesA fantastic home in the sun and a great investment opportunity in sought-after Villamartin
Property Features
- 2 bedrooms
- 1 bathroom
- Rental Potential
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,500€
Final Payment of 90% on completion
130,500€
Property Purchase Expenses
Property price
145,000€
Transfer tax 8%
11,600€
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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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.