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Ref: kf943839
Property marketed by Spanish Best Homes 2010, s.l.
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Residencial Royal Park Sea, is located 800 meters from the beach, in Guardamar del Segura. Close to the pine forests and beaches, highlighting the commercial area, with all the necessary services that are next to the residential area.
Property Features
- 3 bedrooms
- 3 bathrooms
- 125m² Build size
- Swimming Pool
- Garage
- Communal Garden
- Communal Pool
- Terrace
- Basement
- Beach
- Air Conditioner Optional
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
33,000€
Final Payment of 90% on completion
324,000€
Property Purchase Expenses
Property price
360,000€
Transfer tax 8%
28,800€
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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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.