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An amazing opportunity to own your very own 2-bedroom, 1-bathroom ground floor apartment in the sought-after area of Playa Flamenca, Flamingo Hills IIIThis property offers a bright open-plan living room with an American style kitchen, two spacious bedrooms, and a large family bathroom Additional features include private storage, a driveway for easy parking, a generous back garden, and a charming front terrace perfect for enjoying the morning sunshineIdeally located within walking distance to all amenities, the popular Saturday market is just a short stroll away, and shopping enthusiasts will love being only a 10-minute walk from La Zenia BoulevardResidents can also enjoy two unique communal swimming pools, providing the perfect place to relax and soak up the sunThis area is in high demand, don't miss out on this fantastic opportunity!
Property Features
- 2 bedrooms
- 1 bathroom
- 71m² Build size
- WC: 1
- Fireplace
- Near schools
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
17,000€
Final Payment of 90% on completion
179,999€
Property Purchase Expenses
Property price
199,999€
Transfer tax 8%
16,000€
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.