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Ref: AG19151868
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CAVE HOUSE FOR SALE IN HONDON DE LAS NIEVES It has 4 bedrooms, 1 bathroom, separate kitchen, living/dining room and kitchen with outdoor barbecue. It also has a viewing terrace with unobstructed views of the mountains and green area and a closed garage. It has Algibre water + contracted electricity
Property Features
- 4 bedrooms
- 1 bathroom
- 3,000m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,500€
Final Payment of 90% on completion
139,500€
Property Purchase Expenses
Property price
155,000€
Transfer tax 8%
12,400€
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.