5 bedroom Other for sale in Torrevieja, Alicante, Spain

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Ref: AG19152127

Property marketed by Spain Property Shop S.L

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spacious 5-bedroom, 2-bathroom detached villa, perfect for those seeking a refurbishment project on a generously sized plot. This property boasts an extensive underbuild, providing ample opportunities for customization and expansion.The villa features a private pool, ideal for relaxing and entertaining, and a four-car garage, ensuring plenty of space for vehicles and storage. Privacy walls surround the property, offering seclusion and peace of mind.Enjoy open views and sunny days on the solarium, a perfect spot for leisure and relaxation. Conveniently located close to amenities and just a short drive to the beach, this villa offers both tranquillity and accessibility.Don't miss the chance to transform this villa into your dream home.

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Property Features

5 bedrooms
2 bathrooms
200m² Build size
Garden
Parking, Uncovered

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

41,990€

Final Payment of 90% on completion

404,910€

Property Purchase Expenses

Property price

449,900€

Transfer tax 8%

35,992€

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:

449,900€

Deposit:

€

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Mortgage Result

* 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%.