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Ref: BGA-35831
Property marketed by Vivacosta
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This beautiful single-storey newly built villa is located in a quiet location in Alcalali. The villa offers a spacious lounge with dining area, a fully fitted modern kitchen, 2 double bedrooms, a bathroom and the master bedroom with bathroom en suite. In addition, a garage with storage room in the underbuild can be created at an additional cost. From the spacious terrace with pool you can enjoy the beautiful views over the mountainous landscape.
Property Features
- 3 bedrooms
- 1 bathroom
- 240m² Build size
- 800m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
69,500€
Final Payment of 90% on completion
652,500€
Property Purchase Expenses
Property price
725,000€
Transfer tax 8%
58,000€
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.