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Property marketed by MGP - Golf & Coastal Properties
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MGP New Homes presents this brand new detached villa located next to the town centre and facilities at Condado de Alhama Golf Resort in Murcia. The South facing villa comprises an open-plan living space with modern fitted kitchen and doors leading into the garden, a master bedroom with en-suite bathroom, guest bedroom with en-suite bathroom, two further double bedrooms, family bathrooms, a garden with private swimming pool and a solarium sun terrace. We also have two and three bedroom villas available at this development - contact MGP for more info.
Property Features
- 4 bedrooms
- 3 bathrooms
- 127m² Build size
- 284m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
39,000€
Final Payment of 90% on completion
378,000€
Property Purchase Expenses
Property price
420,000€
Transfer tax 8%
33,600€
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.