1 bedroom Apartment for sale

1 bedroom Apartment for sale

Benidorm, Alicante
209,000
 
1 / 0

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Ref: CSPX-92902
Property marketed by Complete Spanish Property
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Located on Spain's Mediterranean coast, Benidorm stands out as a hotspot of leisure andentertainment on the country's tourist scene. Affectionately known as the 'New York of theMediterranean' for its distinctive skyline of seafront skyscrapers, this exciting destination is worldrenownedfor its combination of golden sandy beaches, vibrant nightlife and exceptional year-roundweather.Benidorm is one of Spain's most coveted tourist destinations with its crystal clear beaches andmodern cityscape enticing visitors from all over the World. Benidorm provides a complete touristexperience, with options to relax in the sun, enjoy exciting water activities or immerse ones yourselfin a lively nightlife ranging from traditional bars to internationally renowned nightclubs.This constant influx of tourists, both domestic and foreign, has boosted the demand foraccommodation in the region. Luxury hotels and holiday flats have found their place as hightlydesired accomodations in the Benidorm scene, with occupancy rates envied by many other touristresorts. In addition, the diversity of events and festivals throughout the year has made Benidorm anattractive destination throughout the seasons.Situated just 500 metres from Benidorm's famous Levante Beach, this building offers a privilegedlocation to enjoy the sun and sea. Surrounded by a wide variety of restaurants, shops and services,residents and holidaymakers alike will have everything they need within walking distance.This building is located in a vibrant and well-connected area, ideal for tourists and residents alike.The proximity to public transport stops, supermarkets and entertainment venues ensures acomfortable and accessible stay, making these flats a perfect choice for those looking for convenienceand quality of life in Benidorm.The occupancy rate is one of the highest in Spain, reaching an impressive 94% during the highseason, reflecting the strong demand continued popularity of the town as a year-round touristdestination.The average stay of tourists in Benidorm is 5.2 days and the average spend during their holiday is1,600 euros per person.

Property Features

  • 1 bedroom
  • 1 bathroom
  • 42m² Build size

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
17,900€
Final Payment of 90% on completion
188,100€
 
Property Purchase Expenses
Property price
209,000€
Transfer tax 8%
16,720€
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.

Mortgage Calculator

Mortgage Amount:
209,000€
Deposit:
Interest Rate:
%
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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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