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Ref: PHIP-395
Property marketed by JMT Spanish Properties
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We are pleased to present this fantastic 6 bedroom 4 bathroom Villa located in the area of El Chaparral.Upon entering the property, you will find an external covered seating area with a bbq. Along the side, you will find more areas to enjoy the sun in and a large 12 x 4 private swimming pool.By the poolside, you will find the main entrance of the property. Going in, you will find yourself in a hallway with access to the kitchen / dining area, and on the other side, you will find a bedroom which is used as an office, a bathroom and the living room. Going through the door in the living room, you will find another seating area, further bedrooms and bathrooms which would perfectly be used for a BNB.Going up the stairs in the hallway, you will find yourself on the second level of the property, which benefits of further bedrooms, a bathroom, and access to a terrace with a jacuzzi.Around the back of the property, you will find a garage and plenty of space to park multiple vehicles in.Amenities such as bars, restaurants and supermarkets are located just a short walk from the property. The closest shopping mall, which is in Torrevieja, can be reached by car in just 5 minutes. The beach of Torrevieja is less than a 10 minute drive.
Property Features
- 6 bedrooms
- 4 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
51,995€
Final Payment of 90% on completion
494,955€
Property Purchase Expenses
Property price
549,950€
Transfer tax 8%
43,996€
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.