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Ref: TCP037
Property marketed by Competa Properties S.L.
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This fabulous country property in Spain is situated less than a 10 min drive from the village of Algarrobo, while the sandy beaches of the Mediterranean can be reached in about 15 minutes. The property has beautiful panoramic views up from the mountains, down to the sea and the white village.
This country house has a beautiful entrance decorated with beautiful plants that leads up to the property consisting of a large living / dining room equipped with a fireplace and wooden beams. From the living room you access to the main room and a single bedroom. The property is completed with a family bathroom with shower and a fully furnished kitchen. It also offers independent guest accommodation.
The terraces around the property, the swimming pool and next to it the outdoor kitchen /BBQ area enable one to make the most of the alfresco lifestyle of sunny Spain whether one wants to enjoy the sun or the shade. The property has a private parking area with a gate.
This country house has a beautiful entrance decorated with beautiful plants that leads up to the property consisting of a large living / dining room equipped with a fireplace and wooden beams. From the living room you access to the main room and a single bedroom. The property is completed with a family bathroom with shower and a fully furnished kitchen. It also offers independent guest accommodation.
The terraces around the property, the swimming pool and next to it the outdoor kitchen /BBQ area enable one to make the most of the alfresco lifestyle of sunny Spain whether one wants to enjoy the sun or the shade. The property has a private parking area with a gate.
Property Features
- 2 bedrooms
- 1 bathroom
- 80m² Build size
- 1,918m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
24,500€
Final Payment of 90% on completion
247,500€
Property Purchase Expenses
Property price
275,000€
Transfer tax 10%
27,500€
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.