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Ref: EFML6004Y
Property marketed by España Dream Properties
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Brand new ground floor flat in Álora, ready to move into. Currently registered as commercial premises, but without problem for its change of use to housing. It has: - 118 m² built, fully conditioned as a home - 2 bright and spacious bedrooms - 1 full bathroom - Equipped kitchen integrated into the living-dining room - Separate laundry room - Small terrace ideal for relaxing - Garage with capacity for one car.In addition, on the top floor it has: - 2 rooftops for communal use with multiple possibilities (tender, solarium, chill out area, etc.) - 1 private storage room - Common storage areas on the staircase - Stunning viewsIt is sold as seen in the photos, in perfect condition, ideal as a first home, investment or to be used for rent. Available for viewings. Don't miss this opportunity in Alora! ref:APN7733
Property Features
- 2 bedrooms
- 1 bathroom
- 0
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,700€
Final Payment of 90% on completion
141,300€
Property Purchase Expenses
Property price
157,000€
Transfer tax 10%
15,700€
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.























