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Property marketed by Spanish Best Homes 2010, s.l.
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An impressive 5 bedrooms, 4 bathroom detached villa on Pinada Golf 1 in Villamartin. Nestled on a private road this property offers 3 bedrooms 2 bathrooms on the main floor with spacious open plan living room, dining area and kitchen. A Spiral staircase takes you down to the lower level which houses an additional 3 bedrooms with 2 bathrooms and washroom, as well was multiple cupboards for storage. Outside you are treated to a large private pool with terraces dotted all around the plot. A must see property which is ideal for a large family looking for permanent or holiday vacations.
Property Features
- 5 bedrooms
- 4 bathrooms
- 160m² Build size
- 400m² Plot size
- Swimming Pool
- Garage
- Garden
- 1 Pool
- Terrace
- Basement
- Air Conditioner
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
28,000€
Final Payment of 90% on completion
279,000€
Property Purchase Expenses
Property price
310,000€
Transfer tax 8%
24,800€
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.