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Ref: BGN-61113
Property marketed by Vivacosta
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This traditional Spanish villa is located less than 3 kilometers from the center and the main beach of Moraira and can be reached on foot because of the almost flat roads to it. The villa is distributed over 3 floors. On the general living area there is a spacious lounge with dining area, a fully equipped modern kitchen, 2 double bedrooms and a bathroom. Both the living room and the kitchen provide access to the spacious covered terrace. In addition, there is a barbeque area on the other side of the house. On the top floor is the master bedroom with bathroom en suite which also has access to a large private balcony. On the ground floor there is a second lounge with a double bedroom with bathroom en suite, making it extremely suitable as a guest house. The terrace with swimming pool is also located on the first floor, giving it a lot of privacy.
Property Features
- 4 bedrooms
- 3 bathrooms
- 287m² Build size
- 797m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
82,000€
Final Payment of 90% on completion
765,000€
Property Purchase Expenses
Property price
850,000€
Transfer tax 8%
68,000€
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.