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Ref: AG19152301
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Luxury Villa in Molino Blanco, TorreviejaProperty with 5 bedrooms and 4 bathrooms on a 419m2 living area.625m2 plot with a saltwater pool.The villa is divided into 3 floors:Ground floor:Spacious entrance hall with guest toilet, living-dining room with fireplace, independent kitchen, master bedroom with en-suite bathroom, 2 bedrooms, and 1 bathroom.First floor:2 bedrooms, 1 bathroom, and a large terrace.Basement:Living room with bar, dressing room, bathroom, sauna, and Turkish bath.Key Features:5 bedrooms, 4 bathroomsSaltwater poolSaunaTurkish bathBasement with living room and barSouth-west orientationPrivate parkingFurnished
Property Features
- 5 bedrooms
- 4 bathrooms
- 419m² Build size
- 625m² Plot size
- Swimming Pool
- Parking, Uncovered
- Pool, Private
- Sauna
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
127,000€
Final Payment of 90% on completion
1,170,000€
Property Purchase Expenses
Property price
1,300,000€
Transfer tax 8%
104,000€
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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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.