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Ref: NEW-EG-0078
Property marketed by Goldhouse Inmobiliaria Real Estate SL
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New development of bungalows on a superb location in San Pedro del Pinatar, at only 500 m from Mar Menor, beaches and harbour, and close to all needed amenities. The bungalows are either ground floor with front terrace and back patio, or first floor with terrace and solarium. They come with 2 bedrooms, 2 bathrooms, and living / dining / kitchen area. Included in the price are white goods, LED-lights in- and outside, pre-installation of airco, electric shutters and private pool. Penthouses get a storage as well, and every bungalow has its own private parking space. Perfect apartment on a superb location. ref:NEW-EG-0078
Property Features
- 2 bedrooms
- 2 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
26,090€
Final Payment of 90% on completion
261,810€
Property Purchase Expenses
Property price
290,900€
Transfer tax 8%
23,272€
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.