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Ref: JGL5471Q
Property marketed by Just Murcia Property
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Lovely 2 bedroom ground floor apartment located in the exclusive Nueva Ribera Beach in Los Narejos, just a few metres from the sand. The property comprises a bright lounge-dining area, fully fitted kitchen with breakfast bar, two bedrooms and a renovated bathroom with walk-in shower. A highlight of the property is the terrace with fantastic views over the Mar Menor, ideal for outdoor dining and relaxation. Built in 2005 and set within a secure gated development, the location is unbeatable — right on the beachfront and close to the popular Restaurante Espinosa.Nueva Ribera and Los Narejos are known for their calm waters and are an excellent area for watersports, walking, and year-round coastal living.
Property Features
- 2 bedrooms
- 1 bathroom
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,500€
Final Payment of 90% on completion
148,500€
Property Purchase Expenses
Property price
165,000€
Transfer tax 8%
13,200€
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.



