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Ref: AG19MLSC5349295
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Upper-floor bungalow with south-facing orientation, located in the La Regia area. The property, with 87 m2 built, has been divided into two independent homes, making it a perfect option both for living in and as a rental investment, with the potential to generate double the return. Each of the two homes has: 1 bedroom, full bathroom, kitchen, living-dining room, private terrace. The property is sold fully furnished and with air conditioning, ready to move into or to start renting from day one. It is located in a very well-connected area, close to all services (supermarkets, pharmacy, restaurants) and just a few minutes from the beach, an excellent combination of comfort and profitability.
Property Features
- 2 bedrooms
- 2 bathrooms
- 87m² Build size
- Veranda
- Kitchen appliances
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
17,000€
Final Payment of 90% on completion
180,000€
Property Purchase Expenses
Property price
200,000€
Transfer tax 8%
16,000€
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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