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Ref: BGA-67792
Property marketed by Vivacosta
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This traditional Spanish single storey villa is located in a quiet and green area and offers beautiful views over the countryside. The villa has a lounge with dining area, a fully equipped kitchen, 3 double bedrooms and a bathroom. In addition, there is a partly covered terrace with swimming pool. Because of the large plot there are several possibilities to further expand this villa.
Property Features
- 3 bedrooms
- 1 bathroom
- 90m² Build size
- 800m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
40,500€
Final Payment of 90% on completion
391,500€
Property Purchase Expenses
Property price
435,000€
Transfer tax 8%
34,800€
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.