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Property marketed by Inmo Investments
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This two-bedroom, two-bathroom quad villa is located in a secure gated community at La Finca Golf, Algorfa. Well-maintained by the current owners, the property offers a peaceful setting with a private garden featuring sunny and shaded areas, a large awning with an electric roof, and ample space for outdoor dining. A spacious solarium with mountain views is accessed by external stairs, with a utility cupboard beneath.
Inside, the villa is bright and modern, with an open-plan living and dining area, a fully fitted kitchen, and two double bedrooms with fitted wardrobes and air conditioning. The master bedroom has an en-suite shower and direct garden access. The community offers gated parking and access to three communal pools. The villa is sold unfurnished, but the seller is open to negotiating on the furniture.
Property Features
- 2 bedrooms
- 2 bathrooms
- 87m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
20,800€
Final Payment of 90% on completion
214,200€
Property Purchase Expenses
Property price
238,000€
Transfer tax 8%
19,040€
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.