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Semi-detached Villa for sale in Torreblanca, Fuengirola consisting of a lounge with fireplace, 3 bedrooms, 3 bathrooms, a fully fitted kitchen and a patio. Independent one bedroom apartment. Warehouse of 90m2. Parking space for several cars. Pool. Plot of 700m2. Mountain views
Property Features
- 4 bedrooms
- 4 bathrooms
- 210m² Build size
- 700m² Plot size
- Swimming Pool
- quiet location
- independent apartment
- fitted kitchen
- air conditioning
- beautiful garden
- terrace
- garage
- parking
- pool
- private pool
- unfurnished
- mountain views
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
44,000€
Final Payment of 90% on completion
423,000€
Property Purchase Expenses
Property price
470,000€
Transfer tax 10%
47,000€
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.