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Ref: CSPK-76012
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Fantastic 2-Bed Apartment in Residencial Cecilia, Algorfa – Costa Blanca SouthDiscover this charming 2-bedroom, 1-bathroom apartment located in the secure and gated community of Residencial Cecilia, right in the heart of Algorfa village.The property boasts an east-facing balcony, perfect for enjoying your morning coffee in the sunshine, while overlooking the communal pool and offering picturesque views of the Ermita Church. Inside, the apartment features a bright and welcoming living space, with a recently updated bathroom including a modern walk-in shower.Set within walking distance of local bars, restaurants, and shops, the home combines convenience with a relaxed village lifestyle. For leisure, you’re just 5 minutes from La Finca Golf Resort, 15 minutes from the stunning Costa Blanca beaches, and only 35 minutes from Alicante Airport. A small local bus service also connects you to nearby destinations.Whether you’re looking for a holiday retreat, rental investment, or permanent home, this apartment offers a fantastic opportunity to enjoy the very best of the Costa Blanca South.
Property Features
- 2 bedrooms
- 1 bathroom
- 65m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,400€
Final Payment of 90% on completion
102,596€
Property Purchase Expenses
Property price
113,995€
Transfer tax 8%
9,120€
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.