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Property marketed by The Property Group
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Discover this magnificent 2020 home, fully renovated and furnished, ready to move in It is a ground-floor bungalow with an elevator, very bright thanks to its north-south orientation, ideal for enjoying the Mediterranean breeze all year round The property features 2 spacious bedrooms and 2 full bathrooms, as well as two terraces perfect for relaxing or sharing moments with family and friends It also includes a storage room and garage, providing convenience and extra space for storage The bungalow offers a high level of comfort with central heating and communal areas designed for enjoyment: a community pool, large gardens, and a playground next to the pool, perfect for families The location is unbeatable: very close to Mil Palmeras beaches, as well as supermarkets, restaurants, schools, and a health center, making this property a perfect option for both permanent residence and vacations In short, a modern, bright home with all the comforts in one of the most sought-after areas of the Costa Blanca
Property Features
- 2 bedrooms
- 2 bathrooms
- 147m² Build size
- Laundry Room
- Communal Pool
- Garden
- Patio
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
28,894€
Final Payment of 90% on completion
287,046€
Property Purchase Expenses
Property price
318,940€
Transfer tax 8%
25,515€
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.