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Ref: VRE 2175
Property marketed by Spanish Dream Property
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This Luxury Three Bedroom Detached Country Villa in Algorfa surrounded by lemon groves is located next to the urbanization of Montebello just behind the local ‘Zoco Sunday Market’. There are plenty of amenities all within a short drive such as bars, restaurants the 5* La Finca Golf, Hotel Spa Resort just down the road. This property comprises in the main house of a separate fully fitted kitchen with dining area; spacious lounge/dining room with access out to the front covered terrace; three double bedrooms, the master with an en suite shower room and a family shower room. Internal stairs lead to the roof top solarium, where there are stunning views of the entire plot of lemon groves and countryside. There is also a 100m2 basement garage, a small additional house possible for more accommodation, an outside BBQ area, a reservoir for the trees, a fresh water well, etc..
Property Features
- 3 bedrooms
- 2 bathrooms
- 300m² Build size
- 12,000m² Plot size
- 2 Bathrooms
- 3 Bedrooms
- Air conditioning
- Country Views
- En-suite Bathroom
- Garage
- Garden
- Mountain Views
- Off road parking
- Terraces
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
49,500€
Final Payment of 90% on completion
472,500€
Property Purchase Expenses
Property price
525,000€
Transfer tax 8%
42,000€
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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