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Ref: NEW-EF-0100
Property marketed by Goldhouse Inmobiliaria Real Estate SL
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New development in Herrerias, a typical Spanish village where you still can be part of the community, but at only a 5-minute drive from the Medsea an its beaches. The development consists of 13 apartments, either ground floor bungalows with patio/terrace and solarium or top floor with terrace and solarium. They come with 2 bedrooms, 2 bathrooms, and an open living / dining / kitchen area. Included in the price are parking space with remote control and storage, pre-installation for airco by ducts and white goods. There is also a communal pool to enjoy during hot summer days and nights. Book us for a viewing. ref:NEW-EF-0100
Property Features
- 2 bedrooms
- 2 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,890€
Final Payment of 90% on completion
107,010€
Property Purchase Expenses
Property price
118,900€
Transfer tax 8%
9,512€
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.















