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Ref: DM-21931
Property marketed by Stratus International Properties
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Description to follow
Property Features
- 6 bedrooms
- 5 bathrooms
- 502m² Build size
- 4,201m² Plot size
- Central Heating
- Furnished
- Garage
- Mains Water
- Agricultural water
- mountain views
- BBQ
- Log Burner/Fireplace
- Gated Entrance
- Private Garden
- Private Swimming Pool
- 1000 Litre Oil Storage Tank
- Tarmac road
- Bars And Restaurants
- Flat Plot
- Mature Olive Trees
- Garage for Three Cars
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
39,500€
Final Payment of 90% on completion
382,500€
Property Purchase Expenses
Property price
425,000€
Transfer tax 8%
34,000€
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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Spanish Property News & Updates by Spain Property Portal.com
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.