7 bedroom Villa for sale in Torrevieja, Alicante, Spain

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Ref: AG19151523

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Spain for living and relaxing. This three-story mansion, with a total area of 320 sq. m., features five bedrooms, a living room with a fireplace, a dining room, a kitchen, three bathrooms, a garage with automatic doors, and a terrace with panoramic views of the lagoon. There are three balconies, one with a summer kitchen. The third floor has a leisure area with panoramic windows. The property includes a pool with a protective cover, a second garage with windsurfing equipment, and parking. The house is move-in ready and conveniently located near local infrastructure.

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Property Features

7 bedrooms
4 bathrooms
320m² Build size
830m² Plot size
Swimming Pool
Garden
Sea view
Sea front
Pool, Private

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

77,000€

Final Payment of 90% on completion

720,000€

Property Purchase Expenses

Property price

800,000€

Transfer tax 8%

64,000€

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.

Mortgage Calculator

Mortgage Amount:

800,000€

Deposit:

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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.