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Ref: SV3668
Property marketed by Signature Villas SL
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Modern newly built villa with sea views for sale in Pego.
The property consists of 2 floors, there is a living room with a fully equipped open kitchen, a guest toilet, 2 double bedrooms with en suite and a master bedroom with en suite and walk-in closet.
Through the sliding windows one can go from the living room to the terrace where there is an infinity pool.
The house is built on a large building plot of 1400m2, the villa has a built area of 175m2 and a terrace of 142m2.
Property Features
- 3 bedrooms
- 3 bathrooms
- 316m² Build size
- 1,500m² Plot size
- Terrace
- newly built
- air conditioning
- heating
- floor heating
- fitted wardrobes
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
90,500€
Final Payment of 90% on completion
841,500€
Property Purchase Expenses
Property price
935,000€
Transfer tax 8%
74,800€
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%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.