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Ref: SV3481
Property marketed by Signature Villas SL
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This modern villa located in a green area in Altea Hills is currently under construction and will be ready within 6 months. On the top floor there are 3 double bedrooms with bathroom en suite. The spacious lounge with dining area and modern fully equipped kitchen are located one floor below. Also located here is the fourth double bedroom with bathroom en suite. In the basement of the villa there is a large space that can serve as a gym or, for example, a home cinema. From the spacious partly covered terrace with swimming pool you can enjoy the breathtaking views of the sea.
Property Features
- 4 bedrooms
- 4 bathrooms
- 373m² Build size
- 841m² Plot size
- Terrace
- newly built
- air conditioning
- floor heating
- car port
- alarm system
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
135,000€
Final Payment of 90% on completion
1,242,000€
Property Purchase Expenses
Property price
1,380,000€
Transfer tax 8%
110,400€
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.