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Ref: CGP JLM5394
Property marketed by J.L.MORALES REAL ESTATE

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JL Morales Real Estate is delighted to offer this beautiful first-floor apartment, located in Urb. Montemar (Algorfa).Upon entering the property, you are welcomed by the spacious living room with an American-style kitchen, small but fully equipped. There is a recently modernised bathroom with a walk-in shower and two bedrooms, one of which has built-in wardrobes. Through the living room, you have access to a spacious balcony with a spiral staircase leading to the roof terrace of approx. 40 m², an ideal place to enjoy summer evenings and beautiful sunsets. The property is sold partially furnished and all rooms are equipped with air conditioning and fly screens. Located in a quiet urbanisation with a communal swimming pool. Within walking distance of a small supermarket and the Algorfa hotel with bar/restaurant. Only a 2-minute drive to La Finca Golf Resort for golf enthusiasts, which also has some very good restaurants, a 5-minute drive to the charming village centre of Algorfa, a 20-minute drive to the beautiful sandy beaches and 35 minutes to Alicante airport.
Property Features
- 2 bedrooms
- 1 bathroom
- 50m² Build size
- Swimming Pool
- Roof Terrace
- Tiled terrace
- Air Conditioning
- Built in wardrobes
- Communal Pool
- Semi Furnished
- Close to golf
- Balcony
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,250€
Final Payment of 90% on completion
92,250€
Property Purchase Expenses
Property price
102,500€
Transfer tax 8%
8,200€
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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