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Property marketed by The Property Group
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Discover this charming ground-floor bungalow located in the exclusive area of ??Las Colinas, San Miguel de Salinas Competitively priced at €344,000, this semi-new property spans a constructed area of ??135 m² and boasts a comfortable layout that includes two spacious double bedrooms and two full bathrooms Its south-facing orientation ensures light throughout the day and offers pleasant views from the two terraces, ideal for enjoying the Mediterranean climate The fully equipped kitchen includes a perfect outdoor area for sunny days thanks to its functional summer kitchen You'll also have access to a refreshing communal pool where you can relax or socialize with neighbors and guests The property also has a private garage included in the price, so you won't have to worry about finding parking Strategically located near the sea (just ten minutes away), as well as close to major shopping centers and local schools, it is ideal for both permanent residences and second vacation homes Don't miss this opportunity: live surrounded by nature without sacrificing urban comfort Contact us for more information
Property Features
- 2 bedrooms
- 2 bathrooms
- 135m² Build size
- Communal Pool
- Garden
- BBQ
- Shops: 3 Minutes
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
31,400€
Final Payment of 90% on completion
309,600€
Property Purchase Expenses
Property price
344,000€
Transfer tax 8%
27,520€
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.