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Ref: kf209924101224245184
Property marketed by Spanish Best Homes 2010, s.l.
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Lovely detached mediterranean style villa with south orientation, 555 m2 plot, house in one floor 220 m2 built.. . The property has 4 bedrooms, 2 bathrooms, 1 toilet, living-dining room with fireplace, big independent kitchen with closed gallery, garage, swimming pool 8 x 4 and big porch.. . Sold furnished with air conditioning. . . Only 400 mts from the beach in Punta Prima.
Property Features
- 4 bedrooms
- 2 bathrooms
- 220m² Build size
- 555m² Plot size
- Swimming Pool
- Garage
- Garden
- 0 Pool
- Terrace
- Basement
- Air Conditioner
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
52,000€
Final Payment of 90% on completion
495,000€
Property Purchase Expenses
Property price
550,000€
Transfer tax 8%
44,000€
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.