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Ref: PHIP-984
Property marketed by JMT Spanish Properties
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This large 3 bedroom, 4 bathroom detached villa in Ciudad Quesada is the ideal family property. On the main floor there are two double sized bedrooms, one of which is en-suite, and another family sized bathroom. The lounge is spacious and is joined to the glazed front terrace which creates a lovely open-plan living space. The kitchen, which is just off of this area, is modern and is large enough to allow two people to cook without annoying each other. Upstairs, the master bedroom is en-suite and the views from the terrace are spectacular; taking in the Quesada skyline and extending to the salt lakes of La Mata. There is also air-conditioning throughout and an oil-fired central heating system.As one would expect from a property of this calibre on a plot of 500+ square meteres and there is a large private pool Further up the garden, there is a fully equipped exterior kitchen with outside terrace area.This property is a perfect family home or investment for rental (it would command top dollar as a rental). The area in which it is located is one of the most sought after locations in Ciudad Quesada and this place should really be on your list of properties to view.
Property Features
- 3 bedrooms
- 4 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
32,000€
Final Payment of 90% on completion
315,000€
Property Purchase Expenses
Property price
350,000€
Transfer tax 8%
28,000€
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.
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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.