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This lovely two bedroom, two bathroom duplex apartment is located in the Los Palacios area on the outskirts of Formentera del Segura.
The property is located on the ground and lower ground floor and access via a secure gated entrance.
Once inside you have a small hallway with stairs leading to the lower ground floor. Kitchen with a built in oven/hob and extractor along with a freestanding fridge freezer. Room for a small dining table and chairs. The living area has access to a lovely covered terrace which is south west facing. Completing this floor is a shower room with washing machine.
Back to the stairs and on the lower ground floor there are two bedrooms, the master being a generous double along with a smaller bedroom currently used for storage. There is also a handy second shower room.
Residents have access to a large roof terrace where there is plenty of space to sit, relax and sunbathe along with taking a dip in the communal pool. There´s also communal washing lines and shower block.
The property has ducted air conditioning throughout along with having the added bonus of windows in the bathrooms.
Just across from the apartment block there is a large communal pool which local residents can use along with a park area.
Within walking distance you have an array of bars and restaurants, supermarkets along with day to day facilities in nearby Formentera, Rojales and Benijofar.
The nearest beaches can be found at Guardamar, approx 10 minutes away and the cities of Elche and Alicante along with the main airport can be reached in approx 35-40 minutes.
An ideal lock up and leave holiday, investment property or bring your suitcases and move in with the added bonus of it being fully furnished!
The SUMA (Council Tax) is €151 per year and the Community charges are €120 per quarter
The property is located on the ground and lower ground floor and access via a secure gated entrance.
Once inside you have a small hallway with stairs leading to the lower ground floor. Kitchen with a built in oven/hob and extractor along with a freestanding fridge freezer. Room for a small dining table and chairs. The living area has access to a lovely covered terrace which is south west facing. Completing this floor is a shower room with washing machine.
Back to the stairs and on the lower ground floor there are two bedrooms, the master being a generous double along with a smaller bedroom currently used for storage. There is also a handy second shower room.
Residents have access to a large roof terrace where there is plenty of space to sit, relax and sunbathe along with taking a dip in the communal pool. There´s also communal washing lines and shower block.
The property has ducted air conditioning throughout along with having the added bonus of windows in the bathrooms.
Just across from the apartment block there is a large communal pool which local residents can use along with a park area.
Within walking distance you have an array of bars and restaurants, supermarkets along with day to day facilities in nearby Formentera, Rojales and Benijofar.
The nearest beaches can be found at Guardamar, approx 10 minutes away and the cities of Elche and Alicante along with the main airport can be reached in approx 35-40 minutes.
An ideal lock up and leave holiday, investment property or bring your suitcases and move in with the added bonus of it being fully furnished!
The SUMA (Council Tax) is €151 per year and the Community charges are €120 per quarter
Property Features
- 2 bedrooms
- 2 bathrooms
- 63m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,995€
Final Payment of 90% on completion
71,955€
Property Purchase Expenses
Property price
79,950€
Transfer tax 8%
6,396€
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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