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Property marketed by The Property Group
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Discover this charming single-storey bungalow situated in the beautiful town of San Pedro del Pinatar, ideal for enjoying a comfortable lifestyle close to the sea Priced attractively at €160,000, this property has a floor area of 56 m², efficiently laid out across two bright bedrooms and a full bathroom In good overall condition, the property offers all the necessary amenities for carefree living or holidaying Its prime location provides easy access to various children's play areas, hospitals and nearby shopping centres; you can also enjoy the outdoors thanks to its private terrace, surrounded by leafy trees that provide shade and a cool atmosphere The proximity to public transport makes it easy to travel to other interesting areas, whilst you also enjoy the peaceful atmosphere that characterises this residential neighbourhood
Property Features
- 2 bedrooms
- 1 bathroom
- 56m² Build size
- Near town
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,000€
Final Payment of 90% on completion
144,000€
Property Purchase Expenses
Property price
160,000€
Transfer tax 8%
12,800€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.














