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Ref: AG19150525
Property marketed by Spain Property Shop S.L
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This traditional Spanish villa is south facing, 230 sqm, built in 1975 on a plot of 1087 sqm and consists of two floors with independent entrances, on the ground floor there is a large professional kitchen, with pantry, a large living room with access to a large terrace, a large bedroom with ensuite bathroom leading to a large veranda which is now partly used as an office and lounge.Although the villa has been adapted for private parties or dinners for up to 25 people, it can be returned to its original state.On the ground floor there is a guest house with two entrances consisting of a bedroom, kitchen and living room and at the rear a bedroom which is now used as a storage room. There is also a 1 car garage with storage and a technical room also with storage.The large garden has several terraces and a large 5m x 10m swimming pool.There is off road parking for approximately 6 cars.The villa is fully wheelchair accessible and within walking distance of shops and restaurants.
Property Features
- 4 bedrooms
- 3 bathrooms
- 230m² Build size
- 1,087m² Plot size
- Swimming Pool
- Fitted wardrobes
- Veranda
- Washer
- Dishwasher
- Barbeque
- Kitchen appliances
- Aircondition, Split system
- Parking, Garage
- Pool, Private
- Pergola
- Self contained annex
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
44,500€
Final Payment of 90% on completion
427,500€
Property Purchase Expenses
Property price
475,000€
Transfer tax 8%
38,000€
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.