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NEW BUILD VILLA IN PILAR DE LA HORADADA
New Build villa in Pilar de la Horadada.
Modern villa build over 2 floors, has 3 bedrooms, 2 bathrooms, open plan kitchen with the living room, terrace, garden with private pool and parking space.
Pilar de la Horadada is a typical Spanish village in the most southern part of the Costa Blanca.
The large main street has supermarkets, lots of shops, restaurants and bars and some lovely squares.
The beautiful beaches of Torre de la Horadada and Mil Palmeras with fine sand promenade is just 5 minutes away.
The airports of Corvera (Murcia) and Alicante are respectively 40 and 55 minutes away.
Property Features
- 3 bedrooms
- 2 bathrooms
- 136m² Build size
- 250m² 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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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.