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Ref: MLSC608652
Property marketed by The Property Group
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This home is located in the Pinada Beach 1 residential area, one of the best in La Mata The ground floor apartment has a separate entrance, a sunny terrace overlooking the communal poolThe home has 55 m2 distributed in 2 bedrooms, a living-dining room, a full bathroom, a separate kitchen with an interior patio of approximately 5 m2, and an 8 m2 outdoor terrace, plus another glazed terrace that doubles as a sitting areaThe home is right by the sea; there are no buildings in front of it, meaning that beyond the pool there are only dunes and seaSold furnishedThe price includes a parking space in the same building with very easy accessCommunity fees: approximately €500 per yearProperty Tax: €200
Property Features
- 2 bedrooms
- 1 bathroom
- 55m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,500€
Final Payment of 90% on completion
157,500€
Property Purchase Expenses
Property price
175,000€
Transfer tax 8%
14,000€
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.