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Property marketed by The Property Group
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Charming Bungalow in a Prime Location in Los NarejosThis cosy ground-floor bungalow is perfectly located in Los Narejos, within walking distance of all amenities and just 1 km from the beautiful beaches of the Mar MenorAt the front, you'll find a sunny terrace that leads into the home Inside, there's a bright living space with an open-plan kitchen, dining area and lounge, complete with air conditioning for year-round comfort The property offers two bedrooms, each with built-in wardrobes and ceiling fans, as well as a functional bathroomFrom the kitchen, you can access the rear terrace, which includes a small storage room A staircase leads up to the private solarium — the perfect spot to relax and soak up the Spanish sunWhether you're looking for a holiday getaway or a permanent residence in Spain, this bungalow offers comfort, practicality, and an excellent location just minutes' walk from shops, restaurants and the beach
Property Features
- 2 bedrooms
- 1 bathroom
- 66m² Build size
- Reinforced door
- Fully furnished
- Microwave
- Oven
- Roof solarium
- Terrace
- Washing Machine
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,495€
Final Payment of 90% on completion
130,455€
Property Purchase Expenses
Property price
144,950€
Transfer tax 8%
11,596€
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.



