2 bedroom Apartment for sale in Cabo Roig, Alicante, Spain

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Ref: CSPX-99172

Property marketed by Complete Spanish Property

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Cabo Roig, an east-facing refurbished penthouse in a tourist apartment block with a 58 m2 private sun terrace and sea views. Garage and storage room included in the price! . . 72 m2, 2 double bedrooms, 1 bathroom, living-dining room, open-plan kitchen (handed over fully finished, excluding appliances). . . Terrace accessible from the living room and a private sun terrace. There is scope to install a hot tub on the sun terrace.. . Located next to the well-known Cabo Roig 'strip', with all amenities, restaurants and leisure facilities just a short walk away, yet in a peaceful setting.. . An ideal property for combining investment returns with personal enjoyment, thanks to all its features:. - Close to the sea, a 5-minute walk. - Tourist building. ‌- ‌Fantastic ‌58m2 ‌private ‌sun terrace. ‌- Sea ‌views. ‌- ‌East-facing. - ‌Underground ‌parking ‌and ‌storage. ‌- In ‌one of ‌the best leisure ‌and ‌amenities ‌areas ‌of ‌Orihuela ‌Costa.

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Property Features

2 bedrooms
1 bathroom
72m² Build size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

20,900€

Final Payment of 90% on completion

215,100€

Property Purchase Expenses

Property price

239,000€

Transfer tax 8%

19,120€

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.

Mortgage Calculator

Mortgage Amount:

239,000€

Deposit:

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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.