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Ref: R1945694
Property marketed by Mibro International Properties
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Superb contemporary villa just totally refurbished to a high standard in an elevated position in La Quinta. The main accomodation is built over one level offering an open plan living area, Siematic kitchen, and 4 bedrooms. In addition on the lower level is separate guest accommodation. The villa features a large rooftop solarium,3 car garage and sea views. Is a must see
Property Features
- 5 bedrooms
- 6 bathrooms
- 428m² Build size
- 1,000m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
217,000€
Final Payment of 90% on completion
1,980,000€
Property Purchase Expenses
Property price
2,200,000€
Transfer tax 10%
220,000€
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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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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.