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Ref: M269758
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Very large plot with a small bungalow featuring 2 bedrooms, one bathroom, open plan kitchen, dining room with fireplace leading on to a large terrace, in a beautiful environment just 5 minutes drive to the Port of Estepona, with views towards the Siera Bermeja mountains.The large plot has multiple fruit trees and a vegetable patch.There is a large private covered garage for one car.Great opportunity to live in the country side but close to everything!!!!
Property Features
- 2 bedrooms
- 1 bathroom
- 59m² Build size
- 6,000m² Plot size
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
57,000€
Final Payment of 90% on completion
540,000€
Property Purchase Expenses
Property price
600,000€
Transfer tax 10%
60,000€
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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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.