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Ref: AM-34204
Property marketed by Vivacosta
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This beautiful villa with panoramic views is located in a very quiet and sunny estate on the outskirts of Calpe.. . Newly renovated in a modern style in June 2018, it is divided into 5 independent apartments, distributed in two floors, so it's a great opportunity for an investment in summer rentals.. . One of the apartments on the top floor has two bedrooms, the other 4 have one bedroom each. Each apartment is fully equipped with 1 bathroom, 1 kitchen, 1 living/dining room, a separate entrance and an open terrace.. . It has a communal swimming pool for 5 apartments surrounded by a beautiful newly renovated Zen garden, parking on the lot for 5 vehicles at the entrance. . . A unique opportunity for investors..
Property Features
- 6 bedrooms
- 5 bathrooms
- 312m² Build size
- 1,010m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
92,000€
Final Payment of 90% on completion
855,000€
Property Purchase Expenses
Property price
950,000€
Transfer tax 8%
76,000€
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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