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Ref: M269407
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Detached Villa, Torremolinos, Costa del Sol.6 Bedrooms, 3.5 Bathrooms, Built 318 m², Garden/Plot 514 m².Setting : Close To Sea, Close To Town.Condition : Excellent.Pool : Private.Climate Control : Air Conditioning.Features : Fitted Wardrobes, Near Transport, Private Terrace, Double Glazing.Kitchen : Fully Fitted.Garden : Private.Parking : Private.Category : Investment, Reduced.
Property Features
- 6 bedrooms
- 3 bathrooms
- 318m² Build size
- 514m² Plot size
- Swimming Pool
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
103,500€
Final Payment of 90% on completion
958,500€
Property Purchase Expenses
Property price
1,065,000€
Transfer tax 10%
106,500€
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.
Mortgage Calculator
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.