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Ref: MLSC4850534
Property marketed by The Property Group
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Excellent investment opportunity in one of the most sought-after areas of Los Montesinos This ground-floor apartment, with no stairs and easy access, is located in the heart of the town, just a few meters from the Town Hall and less than 200 meters from all kinds of shops, services, and leisure areasThe property needs renovation, although it offers great potential to become a modern, functional home with a personalized designUpon entering the property, you will find a good-sized living-dining room that invites you to relax and share time with the family It has four bedrooms, three of which are spacious and enjoy excellent natural light The fourth bedroom can be used as a dressing room, game room, office, gym, or for another purpose, depending on your needsThe full bathroom has a shower and window, ensuring natural light and optimal ventilation A practical utility room facilitates storage and laundryThe separate, well-sized kitchen has a fireplace and can be converted into an open-plan American-style kitchen connected to the living room From there, there is access to a patio with an outdoor kitchen, an additional sink, and stairs leading to the upper storage roomThe home includes a garage with an electric door and direct access from the street or from inside the house It offers enough space for a vehicle and even one or two additional motorcycles, not to mention enough space to store toolsOnce renovated, this property could become a very attractive property due to its spaciousness, versatility, and prime location The nearest beaches are just a 15-minute drive away, and Alicante International Airport is approximately 36 minutes awayAn ideal option for those seeking comfort, street-level amenities, and a promising project in the center of Los Montesinos Would you like to visit it? We would be delighted to accompany you
Property Features
- 4 bedrooms
- 1 bathroom
- 112m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,950€
Final Payment of 90% on completion
116,550€
Property Purchase Expenses
Property price
129,500€
Transfer tax 8%
10,360€
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.



