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The house consists of 7 bedrooms, 4 bathrooms, large living room, kitchen with pantry, large terrace, a basement, a storage room and has a living area of 500m2 and a fenced plot of 4000m2. In the garden is a private pool and a large covered terrace. The house have air condition and central heating. The house is in good condition and has 10 parking spaces for cars.
The house is located in a very quiet area and is only 2 minutes from the beautiful town of Elche, very close to the property there is a bus stop, a pharmacy and schools and is only 20 minutes from Alicante airport.IMPORTANT URBAN LANDÃÂ
Property Features
- 7 bedrooms
- 4 bathrooms
- Swimming Pool
Costing Breakdown
* 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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Mortgage Result
* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.
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.