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Ref: 13091
Property marketed by Inmo Investments
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This charming townhouse in the popular area of Montemar, Algorfa offers 90 m² of living space with three spacious bedrooms and two bathrooms, one conveniently located on the ground floor. The home features several outdoor areas ideal for relaxing or entertaining throughout the day and benefits from a west-facing orientation that provides plenty of afternoon sun. Residents enjoy access to a communal swimming pool, and the property is within walking distance of shops, cafés, and other amenities. Sold unfurnished, it includes air conditioning, sun awnings, a wood burner, and a new kitchen.
Property Features
- 3 bedrooms
- 2 bathrooms
- 90m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
19,000€
Final Payment of 90% on completion
198,000€
Property Purchase Expenses
Property price
220,000€
Transfer tax 8%
17,600€
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.























