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Ref: AG19139432
Property marketed by Spain Property Shop S.L
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A large rustic country house with a build area of 416m2 with lovely views. Part of the property has been reformed and is liveable, whilst other parts require reformation. The property sits on a large plot of 10,000m2 and has mains electric and a water deposit. There is also a large pool (17m x 7m), BBQ area, garage, etc. a further 20,000 in deeds and in reality has 37,000 is also available at additional cost of 50000 eurosWe are specialists in the Costa Blanca and Costa Calida specialising in the Alicante and Murcia Inland regions with a particular emphasis on Elda, Pinoso, Aspe, Elche and surrounding areas. We are an established, well known and trusted company that has built a solid reputation amongst buyers and sellers since we began trading in 2004. We offer a complete service with no hidden charges or surprises, starting with sourcing the property, right through to completion, and an unrivalled after sales service which includes property management, building services, and general help and advice to make your new house a home. With a portfolio of well over 1400 properties for sale, we are confident that we can help, so just let us know your preferred property, budget and location, and we will do the rest.
Property Features
- 7 bedrooms
- 4 bathrooms
- 487m² Build size
- 10,000m² Plot size
- Water well
- Balcony
- Storage
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
33,000€
Final Payment of 90% on completion
324,000€
Property Purchase Expenses
Property price
360,000€
Transfer tax 8%
28,800€
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.