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Ref: 60-4447-5
Property marketed by Javea Estates
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Discover this impressive renovation project, located in the prestigious urbanization of La Corona just a stone's throw from the port and beach of Jávea. Properties in this location almost never become available. The views are spectacular and the sun has free play all day on the various uncovered and covered terraces. The current classic Spanish villa is situated on a plot of 800 m2 and is distributed over three floors. The villa will be completely rebuilt and renovated to current requirements and standards without losing its authentic character. The living space is located at pool level and consists of a very spacious living-dining room with a modern, open kitchen with a spacious cooking island. Large sliding windows give access through the living room to a spacious covered terrace by the pool. Also on this floor is the master bedroom with an en suite bathroom and a guest toilet. One floor below are three more bedrooms and two bathrooms. The top floor consists of a bedroom with an en suite bathroom, an outdoor kitchen and an outdoor bathroom. At street level there is a carport. With a total of 200 m2 of terrace, on each floor you have a spacious terrace where you can enjoy the sun all day thanks to the southern orientation. Within the renovation, various choices can still be made by the (potential) buyers, according to their own taste, preferences and ideas.
Property Features
- 5 bedrooms
- 4 bathrooms
- 320m² Build size
- 800m² Plot size
- Swimming Pool
- Air Conditioning
- Alarm
- Outdoor Kitchen
- Pool
- Stove
- Terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
282,000€
Final Payment of 90% on completion
2,565,000€
Property Purchase Expenses
Property price
2,850,000€
Transfer tax 8%
228,000€
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.