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Ref: JBRID15195
Property marketed by JMT Spanish Properties
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Villa with massive Potential. Built on large plot.
Bedrooms 5.
Bathrooms 3.
Plot size: 457 m2
Habitable space: 244 m2
Features include
lovely corner location.
Rooftop solarium with open views.
Adjacent to all amenities.
Beach only 4 klms. approx.
Large double garage.
Built on three levels.
Huge rental potential.
Excellent opportunity.
Located on a nice corner plot in the Blue Lagoon area of Villamartin this charming old villa needs total updating. The swimming pool in the photos is shared with the neighboring house 50/50 , the new owner may choose to continue with this arrangement or remove it, rebuild the original boundary wall and construct their own private pool instead. Viewing by appointment only . Book to view with JMT Spanish Properties.
Bedrooms 5.
Bathrooms 3.
Plot size: 457 m2
Habitable space: 244 m2
Features include
lovely corner location.
Rooftop solarium with open views.
Adjacent to all amenities.
Beach only 4 klms. approx.
Large double garage.
Built on three levels.
Huge rental potential.
Excellent opportunity.
Located on a nice corner plot in the Blue Lagoon area of Villamartin this charming old villa needs total updating. The swimming pool in the photos is shared with the neighboring house 50/50 , the new owner may choose to continue with this arrangement or remove it, rebuild the original boundary wall and construct their own private pool instead. Viewing by appointment only . Book to view with JMT Spanish Properties.
Property Features
- 5 bedrooms
- 3 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
22,000€
Final Payment of 90% on completion
225,000€
Property Purchase Expenses
Property price
250,000€
Transfer tax 8%
20,000€
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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