5 bedroom Other for sale in La Marina, Alicante, Spain

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Ref: AG7BD 400

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This fantastic large Spanish style villa 300m2 constructed has plenty to offer as a modernisation or reform project, at present it comprises of 5 bedrooms, 1 full shower room and 1 WC, a large lounge with wood burner with large windows over looking the covered terrace and views of the over 3000m2 garden where there are 2 irrigation and 1 rain deposit wells to keep the ample grounds green and fertile, dunes and sea, the independent kitchen and separate dining room with fireplace leads out to the garden or the interior patio on either side. The storage /workroom also leads out to a small enclosed garden ideal of herbs or chickens etc.The solarium covers the entire house and has spectacular panoramic views. The property has mains water and electricityJust a few minutes walk either to the village with its many bars, restaurants and amenities or to the dunes, the superb La Marina beaches and beach restaurants.

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Property Features

5 bedrooms
1 bathroom
300m² Build size
3,237m² Plot size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

32,000€

Final Payment of 90% on completion

314,996€

Property Purchase Expenses

Property price

349,995€

Transfer tax 8%

28,000€

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.

Mortgage Calculator

Mortgage Amount:

349,995€

Deposit:

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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.