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Ref: M272073
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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In the heart of Vega Baja, next to the town center of Bigastro, 20 minutes from the beaches of Torrevieja and Orihuela Costa, and 40 minutes from Alicante Airport, is this fabulous villa surrounded by an orchard, located on a 2,500-meter plot. square and consisting of a large porch with two barbecue areas, large living room, independent kitchen with individual pantry and laundry area, four bedrooms (two in the main house and two in the guest house), four bathrooms, private pool, cellar, orchard area and warehouses. The house has air conditioning, heating, fully fenced and with automatic access door
Property Features
- 4 bedrooms
- 4 bathrooms
- 2,500m² Plot size
- Air Conditioning
- Storage Room
- Double Glazing
- Terrace
- Automatic Gate
- Renovated
- Pantry
- Dishwasher
- Washing machine
- Landscaping
- Freezer
- Microwave
- Refrigerator
- Hot Water Electric
- Ceramic cooker
- Extractor Hood
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
49,500€
Final Payment of 90% on completion
472,500€
Property Purchase Expenses
Property price
525,000€
Transfer tax 8%
42,000€
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.
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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.