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Ref: HP97826
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New build 4 bed, 4 bath villa, with lift and stairway access. Situated in Montemar, with SEA, Calpe rock and country views. Accommodation, on the ground floor, consists of: large open living-dining-kitchen area; guest toilet. The kitchen is fully equipped and has a cooking island. Sliding doors at ceiling height give direct access to a spacious terrace and pool. The upper floor contains two bedrooms with en-suite bathrooms and a terrace. The property has 2 basements. Basement number 1 has another two bedrooms, each with its own bathroom and a laundry room. Basement number 2 houses the gym, the cellar, and a garage with a capacity for 4 cars. The house has air conditioning (with ducts) and central heating with a heat pump. It has an automatic entrance door with a separate pedestrian entrance and an intercom. On the same level as the main house is the swimming pool. Includes exterior carpentry with automatic shutters and mosquito nets in bedrooms, fitted wardrobes with modules, and basic alarm installation. HP97826
Property Features
- 4 bedrooms
- 4 bathrooms
- 548m² Build size
- 964m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
256,500€
Final Payment of 90% on completion
2,335,500€
Property Purchase Expenses
Property price
2,595,000€
Transfer tax 8%
207,600€
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.