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Property marketed by JMT Spanish Properties
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Rustic country house in Novelda (Alicante), just 25 minutes from the beach with mountain views.
The house consists of 3 bedrooms, 2 bathrooms, a large living room with chimney, a closed kitchen and has a living area of 140m2 and a fenced plot of 1000m2. The very easy care garden has a covered terrace with a summer kitchen. The house has central heating and air condition.
Various shops, bars and pharmacies can be reached within a 5 minute drive. Travel time to the airport is 20 minutes. The golf course is 15 minutes away.
The house consists of 3 bedrooms, 2 bathrooms, a large living room with chimney, a closed kitchen and has a living area of 140m2 and a fenced plot of 1000m2. The very easy care garden has a covered terrace with a summer kitchen. The house has central heating and air condition.
Various shops, bars and pharmacies can be reached within a 5 minute drive. Travel time to the airport is 20 minutes. The golf course is 15 minutes away.
Property Features
- 3 bedrooms
- 2 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
33,900€
Final Payment of 90% on completion
332,100€
Property Purchase Expenses
Property price
369,000€
Transfer tax 8%
29,520€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.