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Ref: XG9289
Property marketed by Parapar Luxury Estates
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Very nice large villa on the mijas road with good sea views. Small urbanizacion with not many house, very quiet area and close to all amenities.
Property Features
- 5 bedrooms
- 5 bathrooms
- 280m² Build size
- 970m² Plot size
- Swimming Pool
- Automatic irrigation System
- Covered terrace
- Double glazing
- Fitted wardrobes
- Fully equipped kitchen
- Internet
- Living room with fireplace
- Storage
- Terrace
EPC Rating
Energy Rating Scale |
---|
A |
B |
C |
D |
E |
F |
G |
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
86,500€
Final Payment of 90% on completion
805,500€
Property Purchase Expenses
Property price
895,000€
Transfer tax 10%
89,500€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.