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Ref: CSPX-77004
Property marketed by Complete Spanish Property
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This apartment is located on the first line in Altea, but slightly set back from the main street, which provides more peace and quiet. The property is situated on the first floor and the building has a lift. The apartment has two bedrooms, one full bathroom, an open-plan kitchen, and a large, bright living room with plenty of natural light. The balcony has been incorporated into the living room and originally measured 14 m2, offering lovely sea views.
There is unnumbered parking around the building. From the property, it is only a couple of minutes to the sea and the harbour, and all services and transport links such as train and bus are within short walking distance.
The apartment requires some updating, but offers a great opportunity to own a home by the sea or as an investment for rental purposes.
There is unnumbered parking around the building. From the property, it is only a couple of minutes to the sea and the harbour, and all services and transport links such as train and bus are within short walking distance.
The apartment requires some updating, but offers a great opportunity to own a home by the sea or as an investment for rental purposes.
Property Features
- 2 bedrooms
- 1 bathroom
- 87m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
26,900€
Final Payment of 90% on completion
269,100€
Property Purchase Expenses
Property price
299,000€
Transfer tax 8%
23,920€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.



