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Ref: CP605
Property marketed by Competa Properties S.L.
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Country Property in Sedella with main house and separate flat, swimming pool and ample outdoor space. The main house has living room with wood burning cooker, fitted kitchen, master bedroom with en-suite bathroom, guest bedroom, family bathroom, library convertible into bedroom and roof terrace with views. The flat includes living room with wood burning cooker, kitchen, bathroom and 2 bedrooms. Swimming pool, orchard with fruit trees, garage, storage/gym, covered terrace, shed and woodshed.
Property Features
- 4 bedrooms
- 3 bathrooms
- 206m² Build size
- 15,600m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
39,500€
Final Payment of 90% on completion
382,500€
Property Purchase Expenses
Property price
425,000€
Transfer tax 10%
42,500€
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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Spanish Property News & Updates by Spain Property Portal.com
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.