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Ref: AG19147925
Property marketed by Spain Property Shop S.L
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This detached newly built villa in Calpe comprises on the ground floor a spacious living and dining room giving access to the terrace with private pool, a fully equipped kitchen, two bedrooms and two bathrooms. On the upper floor there is a night hall giving access to a bedroom and the master bedroom with ensuite bathroom and dressing room. These bedrooms have a private terrace overlooking the Peñon de Ifach. There is ample parking on a fully fenced property.
Property Features
- 4 bedrooms
- 3 bathrooms
- 232m² Build size
- 655m² Plot size
- Garden
- Secure door
- Double glazing
- Satellite TV
- Parking, Uncovered
- Storage
- Outdoor shower
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
81,500€
Final Payment of 90% on completion
760,500€
Property Purchase Expenses
Property price
845,000€
Transfer tax 8%
67,600€
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.