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Ref: M270929
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Bedrooms: 5, Bathrooms: 2, Villa in Benidorm, Alicante, Spain
Property Features
- 5 bedrooms
- 2 bathrooms
- 280m² Build size
- 2,350m² Plot size
- Garden
- gated
- double garage
- Near Schools
- Near Trees
- Number of Parking Spaces: 2
- Has Main Electric
- Double Bedrooms: 5
- Beach: 1400 Meters
- Useable Build Space: 240 Msq.
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
41,900€
Final Payment of 90% on completion
404,100€
Property Purchase Expenses
Property price
449,000€
Transfer tax 8%
35,920€
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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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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.