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Ref: Capricho
Property marketed by MGP - Golf & Coastal Properties
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A small development of just 5 brand new villas located in the popular town of San Pedro del Pinatar - close to restaurants, sports facilities, shopping malls and beaches. The villas have three bedrooms, including one on the ground floor, an open-plan living space, three bathrooms and a 40m solarium sun terrace. There are private 13 sq'm swimming pools and off street parking. These villas will be ready around Summer 2024 and would be ideal for holidays, permanent living or rentals. Contact MGP for more info.
Property Features
- 3 bedrooms
- 3 bathrooms
- 162m² Build size
- 180m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
35,990€
Final Payment of 90% on completion
350,910€
Property Purchase Expenses
Property price
389,900€
Transfer tax 8%
31,192€
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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