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Ref: SV3442
Property marketed by Signature Villas SL
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The beautiful modern villa is located in the green area of Raco de Galeno and has a breathtaking view of the sea. The villa is divided over 3 floors. In the basement of the villa there is a spacious garage which is suitable for 2 cars and a space that can be used for various purposes such as a gym or a home cinema. On the ground floor there is the spacious lounge with dining area, a modern kitchen fully equipped with all appliances, a guest toilet and the spacious master bedroom with dressing area and bathroom en suite. On the first floor there are 3 double bedrooms, each with their own bathroom en suite. All 3 double bedrooms also have direct access to the balcony. In addition to the large partly covered terrace with swimming pool, this villa offers a maintenance-friendly Mediterranean garden and various other seating areas from where you can enjoy the beautiful views.
Property Features
- 4 bedrooms
- 4 bathrooms
- 560m² Build size
- 1,703m² Plot size
- Garage
- Terrace
- newly built
- air conditioning
- heating
- alarm system
- fitted wardrobes
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
287,000€
Final Payment of 90% on completion
2,610,000€
Property Purchase Expenses
Property price
2,900,000€
Transfer tax 8%
232,000€
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.