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Ref: DG-57693
Property marketed by Stratus International Properties
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TO BE REFURBISHEDThe villa has two floors, 5 bedrooms and 4 bathrooms. The living and dining area, the kitchen, a hall, two of the bedrooms and two of the bathrooms are situated on the top floor.The ground floor has three bedrooms, two bathrooms and a covered patio. The patio with the pool and barbecue area is also on this floor. All the patios offer magnificent views of the surrounding area, the mountains and the sea.This villa has air conditioning and parking facilities for two cars. It is only a few minutes from Arenal and the boulevard with its restaurants and shops. The nearest supermarket can be reached by car within a few minutes; families with children with enjoy the nearby Pinosol Park.
Property Features
- 5 bedrooms
- 4 bathrooms
- 196m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
56,900€
Final Payment of 90% on completion
539,100€
Property Purchase Expenses
Property price
599,000€
Transfer tax 8%
47,920€
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.