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Centre of Pedreguer - Very spacious apartment of 200m2. The apartment is is good condtion but may benefit from some modernisation. Located on the 1st floor without elevator.The property has 4 bedrooms, 2 bathrooms, a large living room, an independent kitchen, 1 storage room and an attached basement to use as a large storage room. It also benefits from air conditioning and a fireplace which is always lovely in the few winter months that we have here in Spain.
Property Features
- 4 bedrooms
- 2 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,000€
Final Payment of 90% on completion
153,000€
Property Purchase Expenses
Property price
170,000€
Transfer tax 8%
13,600€
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.