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Ref: M268900
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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THE SPACIOUS RENOVATED HOUSE WITH LARGE ROOMS, LIVING ROOMS AND KITCHENS ETC. HAS SEVERAL BEDROOMS ON THE GROUND FLOOR AND FIRST FLOOR. IN THE AREA REQUIRING RENOVATION THERE ARE ALSO LARGE SPACES WITH GREAT POTENTIAL.
Property Features
- 6 bedrooms
- 4 bathrooms
- 400m² Build size
- 19,700m² Plot size
- Swimming Pool
- Private Pool
- Laundry room
- Terrace: 30 Msq.
- Heating: Yes, Air Conditioning: Yes
- Useable Build Space: 350 Msq.
- WC: 4
- Single Bedrooms: 6
- E
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
38,500€
Final Payment of 90% on completion
373,500€
Property Purchase Expenses
Property price
415,000€
Transfer tax 8%
33,200€
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.