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Ref: AG19147396
Property marketed by Spain Property Shop S.L
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Very spacious 3 bedroom house situated in the centre of the charming village of Dolores, ALICANTE. Large lounge/dining room, separate kitchen, family bathroom and small reception room. Decorated in traditional Spanish design and maintaining many original features. Tiled throughout the very large rooms with high ceilings. An Andalucian style interior patio and rooftop terrace give the opportunity to enjoy outdoor living. Although the property is well maintained it would benefit from some updating.
Property Features
- 6 bedrooms
- 2 bathrooms
- 111m² Build size
- 160m² Plot size
- Veranda
- Near bus route
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,195€
Final Payment of 90% on completion
109,755€
Property Purchase Expenses
Property price
121,950€
Transfer tax 8%
9,756€
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.