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Ref: R4812832
Property marketed by Mibro International Properties
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This townhouse is located in Paraiso Hills, in the area of El Paraiso, Paraiso Hills is a very popular complex due to its location and also the security of been a gated complex, very well lived in all year round. The house is distributed over 3 levels, with one of the bedrooms located in the attic room, there are a further 2 guest rooms which share a family bathroom, and a Master bedroom with En Suite, all bedrooms are of a good size and bright and airy. The main living space is partial open plan with a fantastic size lounge dining area leading out to a terrace and private garden. There is private parking located at the entrance to the property and is covered .
Property Features
- 4 bedrooms
- 3 bathrooms
- 156m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
71,000€
Final Payment of 90% on completion
666,000€
Property Purchase Expenses
Property price
740,000€
Transfer tax 10%
74,000€
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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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.