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Ref: TH1077
Property marketed by Competa Properties S.L.
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Townhouse with roof terrace located close to the main square in the centre of the village of Cómpeta. This charming townhouse comprises a living room, a kitchen, 2 double bedrooms, a bathroom, a utility room and large roof terrace from where it is possible to enjoy wonderful views of the village, the mountains and the sea.
Property Features
- 2 bedrooms
- 1 bathroom
- 60m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,900€
Final Payment of 90% on completion
125,100€
Property Purchase Expenses
Property price
139,000€
Transfer tax 10%
13,900€
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.