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Ref: M284432
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Playa Flamenca, independent villa just 250 meters from the beach with a plot of 467 m2 and a 172 m2 house on two floors plus an underground garage for 3 cars, the house has 4 bedrooms (2 en suite and 2 of them on the ground floor), with a large living room, large independent kitchen with closed gallery, 3 bathrooms, 2 glazed terraces, 2.5 x 8 pool, barbecue area, the house is sold furnished and with air conditioning.
Property Features
- 4 bedrooms
- 3 bathrooms
- 172m² Build size
- 467m² Plot size
- Communal Pool
- Air Conditioning
- Garage
- Garden
- Terrace
- Appliances
- Kitchen Indep.
- Furniture
- Armored Door
- washing room
- Illuminated
- X
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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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.