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Ref: AG19149611
Property marketed by Spain Property Shop S.L
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This large 240m2 villa is located in Balcon El Mar, only 5 minutes drive from the Arenal. Standing on a large 1650m2 plot it boasts large, spacious, bright rooms, It also offers AC in all rooms, a pellet burner in the living room, off road parking for several cars and a large swimming pool. The kitchens are both spacious and modern and fully equippedA true highlight of this property is the separate apartment located downstairs, offering ultimate privacy and convenience. This space features a spacious living and dining area, an expansive kitchen, 2 comfortable double bedrooms, and a well-appointed jack and jill bathroom. It's an ideal setting for hosting guests, creating an in-law suite, or even as a source of rental income.With its generous living spaces, separate apartment, and well-manicured gardens, this property is the epitome of comfortable living.
Property Features
- 5 bedrooms
- 3 bathrooms
- 240m² Build size
- 1,650m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
46,900€
Final Payment of 90% on completion
449,100€
Property Purchase Expenses
Property price
499,000€
Transfer tax 8%
39,920€
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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