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Ref: 11253
Property marketed by Inmo Investments
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This one-bedroom townhouse is located directly opposite the golf course in Villamartin and features a landscaped front garden facing southeast with views over the golf course. The interior includes an open-plan living and dining room with a bay window overlooking the garden, a separate kitchen with a utility area and storage space, and one double bedroom with access to a balcony. There is also a family bathroom. The property requires partial refurbishment, and a quote for the work has already been obtained, which can be provided by a member of staff. It is conveniently located about 800 meters from a popular supermarket, 1 kilometer from La Fuente Commercial Centre, and 5.5 kilometers from white sandy beaches
Property Features
- 1 bedroom
- 1 bathroom
- 96m² Build size
- 45m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,900€
Final Payment of 90% on completion
98,100€
Property Purchase Expenses
Property price
109,000€
Transfer tax 8%
8,720€
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.