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Ref: 11255
Property marketed by Inmo Investments
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This detached villa in Playa Flamenca sits on a 240 m² south-facing plot with views of the sea and park. The house is built over two floors, including a basement, with a total area of about 100 m². It features three bedrooms, two bathrooms, a guest toilet, a spacious living room with an open-plan kitchen, and a glazed terrace. Outside, there is a private driveway, a pool with a jacuzzi, and access to a communal pool. The villa is sold furnished and equipped with air conditioning. It is conveniently located near CDM and Zenia Boulevard.
Property Features
- 3 bedrooms
- 2 bathrooms
- 100m² Build size
- 240m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
29,000€
Final Payment of 90% on completion
288,000€
Property Purchase Expenses
Property price
320,000€
Transfer tax 8%
25,600€
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.