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Ref: BGA-51308
Property marketed by Vivacosta
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Newly built villa 350m from the beach for sale in Benissa, the property is south facing and has sea views. On the ground floor there is a spacious living room with an open, fully equipped kitchen and utility room, a guest toilet and 2 double bedrooms sharing a family bathroom. On the second floor there is the master bedroom with en-suite bathroom and a terrace. Outside there are 2 covered terraces, a sun terrace with an infinity pool, a low maintenance garden and parking for 2 cars.
Property Features
- 3 bedrooms
- 2 bathrooms
- 160m² Build size
- 1,000m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
81,900€
Final Payment of 90% on completion
764,100€
Property Purchase Expenses
Property price
849,000€
Transfer tax 8%
67,920€
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.