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Investment Opportunity! Large 4 Bed Villa in Villamartin
4 bedrooms
2 bedrooms
Communal Pool
Terrace
145m2
Solarium
Large Villa for sale located in Orihuela Costa, province of Alicante. Property located near the Villamartin golf course, with access in a few minutes to the AP-7 motorway and the N-332 national road. It is located less than 15 minutes from the beach and less than 7 km from the shopping center. The property belongs to the Montegolf IV residential complex, is distributed over two floors, has 145 m² of surface area and consists of a living-dining room, kitchen, 4 bedrooms and 2 bathrooms. In addition, it has a solarium on the roof with access via an external staircase and a garden of 152 m² of surface area.
4 bedrooms
2 bedrooms
Communal Pool
Terrace
145m2
Solarium
Large Villa for sale located in Orihuela Costa, province of Alicante. Property located near the Villamartin golf course, with access in a few minutes to the AP-7 motorway and the N-332 national road. It is located less than 15 minutes from the beach and less than 7 km from the shopping center. The property belongs to the Montegolf IV residential complex, is distributed over two floors, has 145 m² of surface area and consists of a living-dining room, kitchen, 4 bedrooms and 2 bathrooms. In addition, it has a solarium on the roof with access via an external staircase and a garden of 152 m² of surface area.
Property Features
- 4 bedrooms
- 2 bathrooms
- 145m² Build size
- Swimming Pool
- renovation needed
- spacious accommodation
- stylish accommodation
- charming property
- near transport
- close to shops
- close to golf
- garden
- terrace
- parking
- pool
- children's pool
- communal pool
- good rental potential
- very good access
- unfurnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,999€
Final Payment of 90% on completion
152,991€
Property Purchase Expenses
Property price
169,990€
Transfer tax 8%
13,599€
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.