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Ref: CSPK-66243
				
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				  Charming 2-Bedroom Bungalow in Montemar, Algorfa – Arcomed ComplexDiscover this delightful 2-bedroom, 1-bathroom bungalow located in the sought-after Arcomed complex in Montemar, Algorfa. Perfectly positioned in a peaceful residential area, this home offers the ideal blend of comfort, privacy, and community living.The property features a private solarium, perfect for relaxing or entertaining while enjoying the Spanish sunshine. Access to the solarium has been upgraded with new, easy-access stairs, adding both convenience and safety.Inside, the bungalow offers a bright and welcoming living space, a fully fitted kitchen, and two comfortable bedrooms.Residents of the Arcomed complex enjoy access to a beautiful communal pool surrounded by landscaped gardens, as well as well-maintained tennis courts – ideal for active living and socialising.Situated close to local amenities, bars, restaurants, and just a short drive to La Finca Golf and the stunning beaches of the Costa Blanca, this property makes a perfect holiday home, rental investment, or permanent residence. 	
				
			
			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%
							12,000€
		
							Final Payment of 90% on completion
							135,000€
		
							Property Purchase Expenses
							Property price
							150,000€
		
							Transfer tax 8%
							12,000€
		
							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.
 
				 
		
		




















 
							 
							 
							 
							 
							 
							 
							 
							

