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Ref: 60-7051-5
Property marketed by Javea Estates
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This traditional Spanish villa is south oriented, 230m2 built in 1975, on a plot of 1087m2 and consists of two floors with independent entrances, on the first floor there is a large professional kitchen, with utility room, a large living room with access to a large terrace, a large bedroom with an ensuite bathroom overflowing to a large veranda which now partly serves as an office and lounge. Although the villa has been adapted for private parties or private dinners for up to 25 people the villa can be returned to its original state. Downstairs there is a guest house two entrances, consisting of a bedroom, a kitchen and a living room and at the back a bedroom which now serves as storage. There is also a garage for 1 car with storage and a technical room also with storage. The large garden has several terraces and a large pool of 5m x 10m On the street side there is parking for about 6 cars. The villa is completely wheelchair friendly and within walking distance to stores and restaurants.
Property Features
- 4 bedrooms
- 3 bathrooms
- 230m² Build size
- 1,087m² Plot size
- Swimming Pool
- Air Conditioning
- Automatic irrigation
- Balcony
- Barbecue
- Garage
- Garden
- Pergola
- Pool
- Separate apartment
- sewerage
- Storage
- Substructure
- Terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
44,500€
Final Payment of 90% on completion
427,500€
Property Purchase Expenses
Property price
475,000€
Transfer tax 8%
38,000€
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.