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Ref: AG19138547
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LUXURY NEW VILLA IN ALTEA HILLS WITH THE SEA VIEWS Luxury New Build villa in Altea Hillswith magnificent sea views. Key Ready Villa built over 3 floors, has 4 bedrooms, 5 bathrooms, guest toilet, an open plan equipped kitchen with lounge and dining area, gym, sauna, jacuzzi, heated infinity pool, elevator, garage, solar panels. This luxury villa ready to move in! Altea is one of the most charming villages on the Costa Blanca. It also holds the official title of Cultural Capital of the Valencian Community. Altea Hills is a privileged location with both sea and beach, as well as mountain and river. Altea has more than 8 km of coastline, alternating cliffs and small coves with stretches of beach on flat terrain. Alicante airport located 50 minutes drive away and Valencia airport is 1,5hour drive away.
Property Features
- 4 bedrooms
- 5 bathrooms
- 650m² Build size
- 848m² Plot size
- Swimming Pool
- Garden
- Sea view
- Jacuzzi
- Barbeque
- Laundry room
- Heating, Central
- Pool, Private
- Elevator
- Gym
- Gated complex
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
242,000€
Final Payment of 90% on completion
2,205,000€
Property Purchase Expenses
Property price
2,450,000€
Transfer tax 8%
196,000€
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.