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Ref: BGA-82666
Property marketed by Vivacosta
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This beautiful new construction project with license is located in Altea Hills and offers beautiful views of the countryside and the sea. The villa is distributed over 2 floors and offers a spacious open living room with dining area, a laundry room, a toilet and 3 spacious double bedrooms with bathroom en suite. In addition, in the basement of this villa there is a garage suitable for 2 cars and a spacious partly covered terrace with swimming pool and a low maintenance Mediterranean garden.
Property Features
- 3 bedrooms
- 3 bathrooms
- 287m² Build size
- 836m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
156,500€
Final Payment of 90% on completion
1,435,500€
Property Purchase Expenses
Property price
1,595,000€
Transfer tax 8%
127,600€
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.