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Villa for sale near Ronda, in Arriate, consisting of a living room, 5 bedrooms, 2 bathrooms, a fully fitted kitchen, a gymnasium and terraces. Pool and jacuzzi. Garage. Parking for several cars. Possible to build a tennis court. Plot of 8.000m2. Fruit trees. Mountain views. Tranquil area.
Property Features
- 5 bedrooms
- 2 bathrooms
- 200m² Build size
- 8,000m² Plot size
- Swimming Pool
- quiet location
- lounge dining area
- fitted kitchen
- well water
- beautiful garden
- terrace
- garage
- parking
- pool
- private pool
- gymnasium
- jacuzzi
- mountain views
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
52,000€
Final Payment of 90% on completion
495,000€
Property Purchase Expenses
Property price
550,000€
Transfer tax 10%
55,000€
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.