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Ref: 60-6431-5
Property marketed by Javea Estates
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This modern newly built villa is located less than 5 minutes drive from the center, the beaches of Calpe and the beach of La Fustera in Benissa. The villa is distributed over 2 floors. On the general living area are a spacious lounge with dining area, a fully equipped modern open kitchen, a guest toilet and a double bedroom with bathroom en suite. One floor below are 2 double bedrooms each with their own bathroom en suite. There is also a garage suitable for 1 car.
Property Features
- 3 bedrooms
- 3 bathrooms
- 176m² Build size
- 800m² Plot size
- Swimming Pool
- Air Conditioning
- Built-in cabinets
- Double glazing
- Garage
- Garden
- Pool
- Roller Shutters
- Storage
- Substructure
- Terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
74,700€
Final Payment of 90% on completion
699,300€
Property Purchase Expenses
Property price
777,000€
Transfer tax 8%
62,160€
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.