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Ref: ANB-14347
Property marketed by OLIVIA REAL ESTATE
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NEW BUILD VILLAS IN FINESTRAT New Build modern villas in Finestrat with 3 bedrooms, 3 bathrooms, open plan lounge and kitchen, open terrace, solarium and parking space for 2 cars. . The villa is delivered fully finished including kitchen furniture, parking area, swimming pools and gardening with fencing. This villas will be carried out with top quality materials and with an energy efficiency system through software with double flow ventilation. Residential located 5 min by car from all the services that Benidorm can offer and in an environment with an average annual temperature of 20ºC and 300 days of sunshine a year, 44 km away from Alicante airport, 3 km from the sea and 200 meters to the golf.
Property Features
- 3 bedrooms
- 3 bathrooms
- 110m² Build size
- 271m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
62,000€
Final Payment of 90% on completion
585,000€
Property Purchase Expenses
Property price
650,000€
Transfer tax 8%
52,000€
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.