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Ref: MLSC2142935
Property marketed by The Property Group
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We present a magnificent apartment located in the heart of Santiago de la Ribera, just a short distance from the best beaches of the Mar Menor With a total built area of ??71 m² and an optimal layout that makes the most of every corner, this property is ideal for those seeking to enjoy the Mediterranean lifestyle with all the necessary amenities nearby The area boasts excellent transport links thanks to nearby buses, as well as easy access to local schools and hospitals; making this property not only a welcoming home but also a practical one for families or individuals who value their daily well-being Its competitive price of €143,000 offers an unbeatable opportunity for both investment and personal use
Property Features
- 2 bedrooms
- 1 bathroom
- 71m² Build size
- Patio
- Mains Irrigation Water
- Furnished
- Gym
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,300€
Final Payment of 90% on completion
128,700€
Property Purchase Expenses
Property price
143,000€
Transfer tax 8%
11,440€
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.















