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Ref: Madrono-5
Property marketed by MGP - Golf & Coastal Properties
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MGP New Homes present this wonderful brand new villa situated on the desirable and prestigious Las Colinas Golf & Country Club. The villa occupies a plot of 1075 sq'm and has accommodation spread over three floors. On the lower ground floor there is a bedroom suite with doors leading out to the terrace. The ground floor comprises a stunning living room, spacious modern kitchen, dining room, WC and a bedroom suite. On this level there is a large terrace, swimming pool, outdoor shower and bbq area, gardens and off-street parking. The top floor comprises a third bedroom suite with fantastic views. Contact MGP to arrange a viewing.
Property Features
- 3 bedrooms
- 4 bathrooms
- 240m² Build size
- 1,075m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
145,500€
Final Payment of 90% on completion
1,336,500€
Property Purchase Expenses
Property price
1,485,000€
Transfer tax 8%
118,800€
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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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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