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Ref: 602469
Property marketed by Girasol Assen B54983077
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Completely refurbished and remodeled villa
4 bed
3 bath
Private pool
201 m2 built
745 m2 plot
2nd line to the sea in sought after la veleta
4 bed
3 bath
Private pool
201 m2 built
745 m2 plot
2nd line to the sea in sought after la veleta
Property Features
- 4 bedrooms
- 3 bathrooms
- 201m² Build size
- 745m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
142,000€
Final Payment of 90% on completion
1,305,000€
Property Purchase Expenses
Property price
1,450,000€
Transfer tax 8%
116,000€
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.