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New renovated apartment in the center of Javea, within walking distance from all services. 1st floor, south side. RECOMMENDED. This is a guide to the full cost of buying a secondary property worth 255,000 euros in Alicante, Spain. No Mortgage: Purchase Price EUR 255,000 + Property Transfer Tax (ITP 10%) EUR 25,500 + Notary Fees approximately EUR 800–1200 + Land Registry Fees approximately EUR 450–850 + Lawyer’s services/transaction processing approximately EUR 2,200–3,500 + Additional administrative costs/Gestoría/NIE services approximately EUR 300–800 = total estimated purchase value approximately EUR 284,250–287,850. Mortgage: Purchase price EUR 255,000 + Property Transfer Tax (ITP 10%) EUR 25,500 + Notarial fees (purchase) approximately EUR 800–1200 + Land Registry (purchase) registration fees approximately EUR 450–850 + Lawyer services/transaction processing approximately EUR 2,200–3,500 + Additional administrative costs/services of gestoría/NIE approximately EUR 300–800 + Mortgage Valuation fee approximately EUR 400–700 + Notary and registration fees for mortgages approximately EUR 600–1200+Banks for approximately EUR 2502000 total purchases = EUR 2502000 Approximate amount of cash Required when completing a mortgage transaction: Non-resident (loan with a 70% LTV ratio): approximately 107,750–115,325 euros. Resident (credit with an LTV ratio of 80%): approximately 85,250–92,350 euros. Note: This is only indicative information and is not a final offer, which depends on the situation of a particular buyer and does not include any discounts or improvements.
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Javea, Spain
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