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Ref: BGA-93297
Property marketed by Vivacosta
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This beautiful modern new construction villa is currently under construction and will be completed September 2024. The villa is located in a quiet and green area between Javea and Benitachell. The villa is distributed over 2 floors. On the top floor are a spacious lounge with dining area, a fully equipped modern open kitchen, a spacious double bedroom with bathroom and the master bedroom with bathroom en suite. On the lower floor are the other 2 spacious double bedrooms with bathroom en suite. Also located here is a second lounge. Besides the spacious terrace with swimming pool, the villa offers several other terraces from which to enjoy the views.
Property Features
- 4 bedrooms
- 4 bathrooms
- 206m² Build size
- 881m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
86,500€
Final Payment of 90% on completion
805,500€
Property Purchase Expenses
Property price
895,000€
Transfer tax 8%
71,600€
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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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.