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Ref: SV2191
Property marketed by Signature Villas SL
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Building plot of 818 m2 in Montesolana 2 km from Pedreguer, Alicante, Costa Blanca. It has water and electricity. It has fantastic views of the valley and the sea. The nearest beaches are 15 minutes away. The largest shopping center in the area is in Ondara about 10 minutes by car, as well as the highway to Valencia (1h) and Alicante (1h).
Property Features
- 0 bedrooms
- 0 bathrooms
- 800m² Plot size
- Near Beach
- Close To Golf
- newly built
- close to all amenities
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,000€
Final Payment of 90% on completion
63,000€
Property Purchase Expenses
Property price
70,000€
Transfer tax 8%
5,600€
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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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.