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Ref: SV4065
Property marketed by Signature Villas SL
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This beautiful ground floor newly built villa is located in a quiet location in an urbanization in Alcalali. The villa offers on one side a spacious lounge with dining area, a fully equipped modern kitchen and a laundry room. On the other side are the 2 double bedrooms, a bathroom and the master bedroom with bathroom en suite. In addition, the villa has a spacious terrace with swimming pool and there are several other sitting areas around the villa from where one can enjoy the beautiful views.
Property Features
- 3 bedrooms
- 2 bathrooms
- 149m² Build size
- 830m² Plot size
- Terrace
- newly built
- air conditioning
- floor heating
- car port
- fitted wardrobes
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
56,500€
Final Payment of 90% on completion
535,500€
Property Purchase Expenses
Property price
595,000€
Transfer tax 8%
47,600€
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.