This Weeks Hot Properties
259,900€
MODERN GROUND FLOOR APARTMENTS WITH 2 BEDROOMS, 2 BATHROOMS AND GARDEN IN PILAR DE LA HORADADA (ALIC...
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Now 29,995 Euros! The ideal rural getaway property at an amazing price. A move-in ready 2 bed, 2 ba...
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- Apartments for Sale in Orihuela Costa, Alicante
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- Villas for Sale in Finestrat, Alicante
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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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.