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Property marketed by Inmo Investments
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Independent villa in Playa Flamenca, just 250 meters from the beach, situated on a 467 m² plot with a 172 m² house spanning two floors plus an underground garage for up to three cars. The villa features 4 bedrooms (two with en-suite bathrooms, two located on the ground floor), a spacious living room, a large independent kitchen with an enclosed utility area, 3 bathrooms, 2 glazed terraces, and a 2.5 x 8-meter pool. Outside, there’s a barbecue area, and the property is sold fully furnished with air conditioning included.
Property Features
- 4 bedrooms
- 3 bathrooms
- 172m² Build size
- 467m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
62,000€
Final Payment of 90% on completion
585,000€
Property Purchase Expenses
Property price
650,000€
Transfer tax 8%
52,000€
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.