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Ref: AG19MLSC413744
Property marketed by Spain Property Shop S.L
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This frontline 3 bedroom second floor apartment (completely renovated in 2016) with frontal sea views is situated in Mil Palmeras, Alicante right in front of the beautiful long sandy Mil Palmeras beach. The apartment comes with a valid touristic license!The property will be sold fully furnished and consists of a bright living/dining room with direct access to the sunny terrace, a fully equipped open plan kitchen, three bedrooms with fitted wardrobes, two bathrooms (one is en-suite), air conditioning (hot/cold) throughout the property, shutters/blinds, two parking spaces (one parking space in the garage and one off road parking space on the plot)Surrounded by all local bars and restaurants, and frontline to the long sandy beaches. The building has a lift!Great rental potential.
Property Features
- 3 bedrooms
- 2 bathrooms
- 83m² Build size
- 96m² Plot size
- Handicap accessible
- Modern design
- Sea view
- Parking, Garage, double
- Elevator
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
44,500€
Final Payment of 90% on completion
427,496€
Property Purchase Expenses
Property price
474,995€
Transfer tax 8%
38,000€
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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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.



