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Ref: SV3770
Property marketed by Signature Villas SL
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This modern new build villa is located in a quiet and green area of Altea La Vella. The villa will be delivered at the end of 2023. The villa is distributed over 3 floors. ON the lower floor is the spacious garage which is suitable for 2 cars and the storage room with technical room. On the general floor there is a spacious slaon with dining area, a fully equipped modern open kitchen, a guest toilet and the master bedroom with dressing area and bathroom en suite. On the first floor are the other 3 spacious double bedrooms, each with their own bathroom en suite. In addition to the partly covered terrace with swimming pool, the villa offers various other seating areas from where you can enjoy the beautiful views.
Property Features
- 4 bedrooms
- 4 bathrooms
- 525m² Build size
- 1,420m² Plot size
- Garage
- Lift
- Terrace
- newly built
- air conditioning
- floor heating
- fitted wardrobes
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
226,500€
Final Payment of 90% on completion
2,065,500€
Property Purchase Expenses
Property price
2,295,000€
Transfer tax 8%
183,600€
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.