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Ref: SV3359
Property marketed by Signature Villas SL
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This project consists of 6 luxury villas with sea view in Calpe that will be delivered at the end of 2020. Each villa has 4 bedrooms, 5 bathrooms, different terraces and a private swimming pool. If you would like more information about one of these villas, do not hesitate to contact us.
Property Features
- 4 bedrooms
- 5 bathrooms
- 410m² Build size
- 820m² Plot size
- Garage
- Lift
- Terrace
- newly built
- air conditioning
- heating
- alarm system
- fitted wardrobes
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
182,000€
Final Payment of 90% on completion
1,665,000€
Property Purchase Expenses
Property price
1,850,000€
Transfer tax 8%
148,000€
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.