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Ref: PHIP-396
Property marketed by JMT Spanish Properties
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We are happy to present this spacious quad style 3 bedroom 2 bathroom property. Outside the property has a small garden, a quality wooden carport for onsite parking - and to the rear of this a great size storage cupboard. As you approach the property you are met with a raised and fully glassed conservatory, then as you enter you have the open plan living room, dining and recently renovated kitchen area. From the kitchen you have access to a separate enclosed utility area with washing machine, boiler and more storage, as well as a separate door to a pantry space. On the ground floor you also have the benefit of a double bedroom and family bathroom with a shower. On the first floor, you have two further double bedrooms and a full bathroom complete with a bath. All the bedrooms have built in wardrobes, and you have air-conditioning in two of the bedrooms and the living room. From this first floor you have access to a great size balcony with some beautiful countryside views of the agricultured campo fields. The property is located in a lovely quite residential urbanization, surrounded by greenery, and a few minutes walk you have access to a large communal pool and the communal areas also offer a swing park, outdoor gym equipment, BBQ area with tables and chairs. This property is walking distance to a couple of bars on the urbanisation, and Montebello is perfectly located a short drive to more amenities offered by the nearby towns of Algorfa, Benijofar and Ciudad Quesada.
Property Features
- 3 bedrooms
- 2 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,500€
Final Payment of 90% on completion
121,500€
Property Purchase Expenses
Property price
135,000€
Transfer tax 8%
10,800€
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.