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Ref: MLSC8495903
Property marketed by The Property Group
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Just 500 metres from Playa Los Locos, this key ready modern ground-floor apartment is located in the recently built Polonia X residence The property offers two bedrooms, two bathrooms and a cosy private patio Its south-east orientation provides plenty of natural light and sunshine throughout the day Residents also enjoy access to the communal rooftop swimming pool An ideal home in a prime location, within walking distance of the beach, restaurants, shops and all daily amenities
Property Features
- 2 bedrooms
- 2 bathrooms
- 58m² Build size
- 72m² Plot size
- Near town
- Communal Pool
- Central Heating
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
22,000€
Final Payment of 90% on completion
225,000€
Property Purchase Expenses
Property price
250,000€
Transfer tax 8%
20,000€
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.























