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Villa for sale in Estepona town consisting of a lounge with fireplace, 5 bedrooms, 2 bathrooms, a fully fitted kitchen, a terrace and a patio. Garage. Plot of 233m2. Walking distance to all amenities and beach.
Property Features
- 5 bedrooms
- 3 bathrooms
- 262m² Build size
- 233m² Plot size
- near transport
- near beach
- close to shops
- close to all amenities
- fitted kitchen
- patio
- garage
- close to restaurants
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 10%
65,000€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.