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Ref: Max1942
Property marketed by MAX VILLAS BENISSA SL
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Completely renovated country house of 400m2 on a plot of 18,500m2.
On the ground floor there is a large kitchen, dining room, lounge, bedroom, bathroom and dressing. Upstairs there are 2 more bedrooms with bathroom. There are 5 horse stables. The new furniture and beds are included.
On the ground floor there is a large kitchen, dining room, lounge, bedroom, bathroom and dressing. Upstairs there are 2 more bedrooms with bathroom. There are 5 horse stables. The new furniture and beds are included.
Property Features
- 3 bedrooms
- 2 bathrooms
- 400m² Build size
- 18,500m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
126,500€
Final Payment of 90% on completion
1,165,500€
Property Purchase Expenses
Property price
1,295,000€
Transfer tax 8%
103,600€
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.