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Ref: AG19151045
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Spacious Detached Villa all on one level - Beautiful 5,000 plot with mature trees - 10m x 5m Swimming Pool with Roman Steps and Shaded Family Entertaining Area all surrounded by Safety Fence - Productive Olive Grove within the Grounds - Access off tarmac road and Drive with Electric Gate - Lovely location yet only 10 minutes to town centre - €269,800 Euros* Spacious detached villa all on one level* 5,000m2 legal plot with Productive Olive Grove* 10m x 5m Swimming pool with corner Roman Steps * Family Chill Out Entertaining Area with Covered Terrace and BBQ (the terrace is about to be retiled)* Pool & Chill out Area with safety fencing* Beautiful mountain views* Mature trees giving wonderful shaded areas* 10 minutes into Historic Cehegin town centre with street market* 10 minutes to motorway network* 40 minutes to Murcia airport* 60 minutes to the coast
Property Features
- 3 bedrooms
- 2 bathrooms
- 140m² Build size
- 5,000m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
23,980€
Final Payment of 90% on completion
242,820€
Property Purchase Expenses
Property price
269,800€
Transfer tax 8%
21,584€
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.