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?? Charming property in Montemar, Algorfa ??
Located in the peaceful residential area of Montemar, this property offers comfort and outdoor living
???? It features 2 spacious bedrooms, a family bathroom, and a bright living room with direct access to the terrace Outside, there is a private terrace and a private solarium ??
???? The property also includes a garage
???? Close to La Finca Golf, local amenities and restaurants, just 15 minutes from the beach and with easy access to Alicante Airport ??
Located in the peaceful residential area of Montemar, this property offers comfort and outdoor living
???? It features 2 spacious bedrooms, a family bathroom, and a bright living room with direct access to the terrace Outside, there is a private terrace and a private solarium ??
???? The property also includes a garage
???? Close to La Finca Golf, local amenities and restaurants, just 15 minutes from the beach and with easy access to Alicante Airport ??
Property Features
- 2 bedrooms
- 1 bathroom
- 106m² Build size
- Open Terrace/Patio
- Garage
- Garden
- Solarium
- Storage Room
- Terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
17,000€
Final Payment of 90% on completion
180,000€
Property Purchase Expenses
Property price
200,000€
Transfer tax 8%
16,000€
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.




















