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Property marketed by Just Murcia Property
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We are proud to present to you Riomar Villas in Mil Palmeras, a project of 12 luxury villas. The project features three bedrooms three bathrooms villas, private swimming pool, solarium and outdoor private parking space.In the immediate area there are extensive sport and leisure opportunities: commercial centres, restaurants, golf courses, beaches, sport areas, etc... Easy access to the AP-7 motorway and to the airports of both Alicante and Murcia (Corvera) in a short drive.
Property Features
- 3 bedrooms
- 3 bathrooms
- 131m² Build size
- 265m² Plot size
- Swimming Pool
- Bars And Restaurants
- Close to medical centre
- Close to sports facilities
- Close To Town And Amenities
- Walking distance to shops, restaurants, ...
- Close to shops, restaurants, ...
- Close to golf resort
- Blinds
- Roof terrace
- Covered Terrace
- Covered Seating Area
- Private Garden
- Private Swimming Pool
- Fitted Wardrobes
- Walk-in Shower
- Air Conditioning
- Double Glazing
- Covered Seating Area
- Private Garden
- Private Terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
45,800€
Final Payment of 90% on completion
439,200€
Property Purchase Expenses
Property price
488,000€
Transfer tax 8%
39,040€
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.