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Ref: M271591
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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South-West facing lovely bungalow for sale on a gated community of in Pau 8, Villamartin. Located in a great area, just a short walk to the Villamartin Plaza and golf course with various bars and restaurants. The community is very well looked after, communal pool and off-road communal parking. There are 2 teraces, 1 at the front and 1 at the back also there is a large private roof terrace with views of the communal garden. On the roof terrace is a spacious storage and a build in BBQ.
Property Features
- 2 bedrooms
- 2 bathrooms
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
14,900€
Final Payment of 90% on completion
161,100€
Property Purchase Expenses
Property price
179,000€
Transfer tax 8%
14,320€
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.