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Ref: MLSC1107090
Property marketed by The Property Group
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Ground Floor Apartment 900m from the Beach Just 900 metres from the sea in the popular Santiago de la Ribera, this modern ground floor apartment built in 2023 offers comfort, light and an excellent location With three bedrooms and two bathrooms, the property features a practical and spacious layout The terraces at the front and back allow you to enjoy sun or shade at any time of the day, while the south orientation brings in plenty of natural light Air conditioning is individually adjustable in each room and the apartment is sold fully furnished, ready to move in without any extra worries The residence offers a large communal pool and parking on your own plot With low community fees of €56 per month, it is also financially attractive Long-term rental is possible at approximately €1,500 per month and a short-term rental licence can be easily requested Shops, restaurants and the weekly market are within walking distance, as well as the beaches and promenade of Santiago de la Ribera on the beautiful Mar Menor An ideal home to enjoy yourself or as a smart investment on the coast
Property Features
- 3 bedrooms
- 2 bathrooms
- 102m² Build size
- 178m² Plot size
- Communal Pool
- Double Bedrooms: 3
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
31,900€
Final Payment of 90% on completion
314,100€
Property Purchase Expenses
Property price
349,000€
Transfer tax 8%
27,920€
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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