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Ref: M270297
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Casa Virginia is a charming new listing in the village of Mondron, an elevated village with magnificent views across the Valley and surrounding mountains. The property is separated into two Apartments, currently used as rentals. The first apartment has an open lounge, kitchen, diner, a separate shower room with new boiler and a double size bedroom. This apartment has been upgraded with double glazed windows. The second apartment is two story, it has a similar layout as the first apartment but with an extra bedroom on the top floor. This apartment is older in style with a very rustic kitchen area, lounge with a beamed ceiling and separate bedroom. Up the stairs is a large bedroom with store room and high ceilings. There is an outside toilet and store room that could be reformed into a large bathroom. Great little investment property, that could be reformed into a much larger property.
Property Features
- 3 bedrooms
- 2 bathrooms
- 106m² Build size
- 80m² Plot size
- Utility Room
- Guest Apartment
- fireplace
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,995€
Final Payment of 90% on completion
71,955€
Property Purchase Expenses
Property price
79,950€
Transfer tax 10%
7,995€
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.