1 bedroom Villa for sale in Novelda, Alicante, Spain

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Ref: CHA0028/10514

Property marketed by ANEO

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Small house with great possibilities and landit is a small house of the dimensions described with electricity and irrigation water and a toilet.in the large plot it is allowed to build an extension in a simple way.it has a large water pan which is not in use but it could be restored and/or built on it (provided that the city council expressly authorizes it).if you don't want so much land you could sell a plot of 12,500 meters tomorrow according to regulations,...ETC.it has a large pine at the door where you can enjoy the summer and weekends with the family.it is very close to novelda and with good access to elche, alicante, hondon, ASPE,...ETC.do not hesitate to have your villa in novelda with a very interesting reform!

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Property Features

1 bedroom
1 bathroom
150m² Build size
12,500m² Plot size
Swimming Pool
terrace
garage
private pool
store room

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

5,800€

Final Payment of 90% on completion

79,200€

Property Purchase Expenses

Property price

88,000€

Transfer tax 8%

7,040€

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:

88,000€

Deposit:

€

Interest Rate:

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Mortgage Result

* 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%.