9 bedroom Villa for sale in Monóvar, Alicante, Spain

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Ref: JL6986

Property marketed by InlandVillas Spain

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Three houses on one plot in Monovar. Large Detached Villa in Monovar, very close to town. It has three houses on the plot, with a lovely swimming pool and chill out area, with an outside BBQ, bar and dining room, as well as a gym and bodega. The main house has 5 bedooms and 2 bathrooms, with a lounge-dining room, kitchen, fireplace, air conditioning and a large garage. The second house in need of reform has 3 bedrooms and 3 bathrooms, only the covered terrace has been used, as a party and dining room. At the back is also a small studio house, where the owner currently lives while renting out the larger house. The studio has a kitchen, lounge and bathroom. Walking distance to town, in a great and secure area, at the end of a cul de sac. The plot size is 7400m².

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Property Features

9 bedrooms
6 bathrooms
600m² Build size
7,400m² Plot size
Swimming Pool
Summer Kitchen
Fast Internet & Phone
Mains Electric
Mains Water
Central Heating
Air Conditioning
Electric Gates
Double Glazing
Walking Distance To Town
Walking Distance - Restaurant / Bar
Fenced Plot
Annexe / Guest House
Fireplace - Log Burner
Barbecue
Garage
Utility Room
Terrace
Dressing Room
White Goods
Partially Furnished

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

82,000€

Final Payment of 90% on completion

764,996€

Property Purchase Expenses

Property price

849,995€

Transfer tax 8%

68,000€

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.

Mortgage Calculator

Mortgage Amount:

849,995€

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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.