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Ref: VRE 5445
Property marketed by Spanish Dream Property
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This Bargain, South Facing, Two Bedroom Detached Villa in Montemar is located on a quiet, residential and highly popular urbanization, between the village centre of Algorfa 5* La Finca Golf, Hotel Spa Resort. Situated down a quiet cul de sac, close to the Communal Swimming Pool, within a 10 minute walk, if that, to all of the amenities and facilities that the nearby resort has to offer, including a wide array of bars, restaurants, shops more... The coast at Guardamar del Segura with fantastic beaches are only a 15 minute drive away also. This property comprises of a separate fully fitted kitchen, with adjoining utility room; spacious living room with feature fireplace; large dining room; front, covered terrace off the living room; two double bedrooms; and a family bathroom of a great size, with both bath and shower. External stairs lead to the private roof top solarium, a super suntrap with lots of space for entertaining and views over the surrounding urb. Outside is a mature landscaped garden with ample room to dine al fresco. An added bonus is the access in to the under build, which has been tiled and painted, ideal for storage or even additional living space! Extras are to include fitted wardrobes, air conditioning in the master bedroom and living room, ceiling fans, grills, gas insert fireplace, fly nets and of course access to the communal swimming pool nearby...
Property Features
- 2 bedrooms
- 1 bathroom
- 84m² Build size
- 216m² Plot size
- Swimming Pool
- Communal Pool
- Garden
- Lake Views
- Solarium
- Storage
- Terrace
- Utility Room
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,495€
Final Payment of 90% on completion
139,455€
Property Purchase Expenses
Property price
154,950€
Transfer tax 8%
12,396€
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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