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Ref: AG19151861
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Large House on Pilares completely renovated in the center of Torrepacheco, close to all local services and just 8 km from the beaches of Mar Menor The house is completely renovated and designed with taste. In total it has about 300m2 of housing that is divided into 3 bedrooms, 2 bathrooms, large living room, independent kitchen with space for 14 guests and exit to the interior patio, aluminum windows throughout the house, built-in wardrobes and a terrace that surrounds the entire corner. of the home The upper floor is created to make an attic and with the possibility of expanding the house with more bedrooms and a bathroom. It has a parking space This property is ideal for families who need space or for rental investment.
Property Features
- 3 bedrooms
- 2 bathrooms
- 300m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
18,000€
Final Payment of 90% on completion
188,996€
Property Purchase Expenses
Property price
209,995€
Transfer tax 8%
16,800€
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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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.