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Ref: SV3580
Property marketed by Signature Villas SL
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This villa is located in a quiet area of Polop, just 15 minutes from the idyllic beach of Albir and at the foot of the beautiful Ponoig mountain range.The property has a living-dining room, an open plan kitchen, 3 bedrooms, 3 bathrooms of which 2 are en suite and a guest toilet. From your living room you can enjoy views of the sea as well as from the roof terrace which is partly laid with artificial grass. Besides, the house has a large terrace with swimming pool and pool bar.
Property Features
- 3 bedrooms
- 3 bathrooms
- 600m² Plot size
- Terrace
- newly built
- air conditioning
- fitted wardrobes
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
59,500€
Final Payment of 90% on completion
562,500€
Property Purchase Expenses
Property price
625,000€
Transfer tax 8%
50,000€
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.