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Ref: BGN-80444
Property marketed by Vivacosta
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The villa is being built in a suburb of Alfaz del Pi but within walking distance of all amenities on a flat plot. There is an entrance hall, a living dining room with an open kitchen and from the living room you can go through the large windows to the covered terrace. There are also 2 double bedrooms, a master bedroom with walk-in closet and 2 bathrooms. Outside in the Mediterranean garden there is a swimming pool and parking space for 2 cars.
Property Features
- 3 bedrooms
- 2 bathrooms
- 240m² Build size
- 510m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
57,000€
Final Payment of 90% on completion
540,000€
Property Purchase Expenses
Property price
600,000€
Transfer tax 8%
48,000€
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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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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.