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Ref: M287165
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Torrevieja, San Luis Urbanization, Detached villa with 300 m2 plot and a single-storey home of 110 m2, with 3 bedrooms, 1 bathroom, large living room with kitchen, terrace, driveway for several cars, private 8 x 4 pool, surrounded by artificial grass, barbecue area and storage room, the house is sold furnished and with air conditioning, very close to the natural area of the salt flats and walking distance to supermarkets, bars, restaurants and buses.
Property Features
- 3 bedrooms
- 1 bathroom
- 110m² Build size
- 300m² Plot size
- Air Conditioning
- Garden
- Terrace
- Appliances
- Storeroom
- Furniture
- Illuminated
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
19,500€
Final Payment of 90% on completion
202,500€
Property Purchase Expenses
Property price
225,000€
Transfer tax 8%
18,000€
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.