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Property marketed by Inmo Investments
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Lovely South-East facing top-floor apartment with country views located within the exclusive residential community of R13 in Pau 8, Villamartin.The development boasts a wonderful communal pool and gardens, along with secure gated communal parking. The nearby Villamartin Plaza is just a 10-minute walk away. The property is a perfect example of a Quara built property. A property developer who are renowned for their attention to detail and quality of materials used. Polished marble flooring throughout and top-quality fixtures and fittings, this apartment offers luxurious living in a peaceful setting whilst being within easy access to amenities.The living accommodation comprises of a spacious lounge-dining area with a feature fireplace, 1 guest bedroom with fitted wardrobes, a family bathroom, master bedroom with its own en-suite bathroom and Juliet balcony, plus a good-size kitchen with a utility room. Leading off the lounge you have a wonderful balcony with sun awnings. An external staircase leads up to the rooftop solarium. The solarium also features a brick-built BBQ and storage area– perfect for sun-bathing and outdoor dining alike. Another great feature of this property comes in the form of a private garden at ground level. Given its size and proximity to 4 major golf courses, this splendid apartment would provide the perfect holiday home under the sun!
Property Features
- 2 bedrooms
- 2 bathrooms
- 72m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,495€
Final Payment of 90% on completion
148,455€
Property Purchase Expenses
Property price
164,950€
Transfer tax 8%
13,196€
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.