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Ref: ND3
Property marketed by Price Brown S.L.
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A fabulous new development located in a peaceful country setting, yet convenient to all amenities including golf, the motorway, shops and restaurants. El Pinar de Bédar is an old abandoned mining village, which is now coming to life again and has stunning views to the mountains and the sea. Approximately 20 minutes drive from the local beaches and near to several golf courses there is a range of newly completed properties for sale. All are built to a high standard with up to 100% mortgages available and only 4% purchase tax. There are apartments, town houses, semi-detached and detached villas available, with 2, 3, 4 and 5 bedrooms, some with private pools and some with community pools, all with gardens and parking facilities. Prices start at 174,300 euros.
Property Features
- 2 bedrooms
- 1 bathroom
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,430€
Final Payment of 90% on completion
156,870€
Property Purchase Expenses
Property price
174,300€
Transfer tax 8%
13,944€
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.