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Ref: PHIP-447
Property marketed by JMT Spanish Properties
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PLOT OF 500 METERS, HOUSE OF 150 METERS, THREE BEDROOMS, THREE BATHROOMS, LIVING ROOM KITCHEN. LAUNDRY ROOM AND 8X4 SWIMMING POOL WITH HOT WATER. UNDERFLOOR HEATING THROUGHOUT THE HOUSE BY AEOTHERMAL AND COLD AIR BY AEROTHERMAL THROUGHOUT THE HOUSE. FURNISHED KITCHEN WITH ELECTRICAL APPLIANCES, LIGHTING THROUGHOUT THE HOUSE BOTH INSIDE AND OUTSIDE AND GARDEN WITH AUTOMATIC IRRIGATION.
Property Features
- 3 bedrooms
- 3 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
45,000€
Final Payment of 90% on completion
432,000€
Property Purchase Expenses
Property price
480,000€
Transfer tax 8%
38,400€
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.