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Ref: MonteVista
Property marketed by MGP - Golf & Coastal Properties
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This is a fantastic opportunity to buy a brand new villa with private swimming pool located in the popular town of San Pedro del Pinatar, close to shops, restaurants and bars. The villas have an open-plan living room with fitted kitchen and sliding doors leading to the garden. There are three double bedrooms, two bathrooms, a solarium sun terrace and private swimming pool in the garden. Included in the price is air-conditioning, LED lights inside and out, kitchen appliances, electric shutters, Domotica smart home technology and an electric sliding gate. Contact MGP to arange a viewing, these villas will be ready very soon.
Property Features
- 3 bedrooms
- 2 bathrooms
- 98m² Build size
- 269m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
39,900€
Final Payment of 90% on completion
386,100€
Property Purchase Expenses
Property price
429,000€
Transfer tax 8%
34,320€
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.