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Ref: 13670
Property marketed by Inmo Investments
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This ground floor apartment in the Fontana Complex in Algorfa offers 2 double bedrooms, a bathroom, an open-plan living and dining area, and an American-style kitchen. The bright living space leads onto a large terrace and garden area.
The property includes a utility room, fitted wardrobes and an underground parking space, and is sold partially furnished. It is part of a residential complex with a communal pool and gardens and requires some updating.
The property includes a utility room, fitted wardrobes and an underground parking space, and is sold partially furnished. It is part of a residential complex with a communal pool and gardens and requires some updating.
Property Features
- 2 bedrooms
- 1 bathroom
- 61m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,300€
Final Payment of 90% on completion
101,700€
Property Purchase Expenses
Property price
113,000€
Transfer tax 8%
9,040€
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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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%.
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.



