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Ref: P2340
Property marketed by 5 Real Estate
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Situated with easy access to the Port, Old Town and Arenal this large property would be ideal for reform or redevelopment. It is a large property where it has previously been used as a vetinary suregery on the lower floor and accommodation on the upper floor but is now all residential use. On a plot of 1600m, the house has a construction size of some 500m2. There is a large swimming pool on the totally flat plot. With the right investment, this property could be a fabulous 6 bedroom property valued in excess of 1m. Alternatively, with the right permissions, it could be an ideal redevelopment project.
Contact us now to arrange a viewing.
5 Real Estate are Spains fastest growing full service, fixed-fee international estate agency, with numerous offices in the north and south Costa Blanca, as well as the Murcia region.
We are committed to providing a transparent and first-class service to all our clients, whether buyers or sellers. From the moment you first contact us you will realise the difference we provide and promote as standard. You can be confident you are dealing with efficient, reliable professionals with many years of experience in Spanish real estate.
At 5 Real Estate we only sell properties that are directly listed with ourselves which means we personally know each of the vendors, their homes, and the areas in which they are located. Given our extensive portfolio of directly listed properties we feel confident we can find the right property to match your requirements.
So, make an enquiry today and find out why we are so different and why we are becoming the agent of choice for both buyers and vendors alike.
Contact us now to arrange a viewing.
5 Real Estate are Spains fastest growing full service, fixed-fee international estate agency, with numerous offices in the north and south Costa Blanca, as well as the Murcia region.
We are committed to providing a transparent and first-class service to all our clients, whether buyers or sellers. From the moment you first contact us you will realise the difference we provide and promote as standard. You can be confident you are dealing with efficient, reliable professionals with many years of experience in Spanish real estate.
At 5 Real Estate we only sell properties that are directly listed with ourselves which means we personally know each of the vendors, their homes, and the areas in which they are located. Given our extensive portfolio of directly listed properties we feel confident we can find the right property to match your requirements.
So, make an enquiry today and find out why we are so different and why we are becoming the agent of choice for both buyers and vendors alike.
Property Features
- 6 bedrooms
- 4 bathrooms
- 500m² Build size
- 1,614m² Plot size
- Swimming Pool
- Local Tax (Annual): 1300
- Carport
- Private Driveway
- Separate Kitchen
- Proximity: Beach
- Garage
- Built year: 1974
- Garden
- Air conditioning
- Pool type: Private
- Fitted wardrobes
- Storage / utility room
- Views: Mountain views
- Septic tank
- Equipped kitchen
- Bathrooms (en-suite): true
- Dining room
- Proximity: Restaurants
- Proximity: City
- Views: City view
- Solar orientation: South
- Interior parking
- Balcony
- Proximity: Public Transport
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
76,000€
Final Payment of 90% on completion
711,000€
Property Purchase Expenses
Property price
790,000€
Transfer tax 8%
63,200€
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.