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Ref: W-02R18F
Property marketed by Engel & Voelkers Torrevieja - Orihuela
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3 villas under construction, with their own pool and located in an area surrounded by services, and a few meters from the Mar Menor. The villas have large windows to communicate inside and outside, and provide them with plenty of light. They have a spacious living-dining room-kitchen on the ground floor, connected to the pool area and a large outdoor terrace, in which we also have a laundry room; a double bedroom and a complete bathroom. On the first floor, 2 double bedrooms, the main one with a dressing room and bathroom en suite, as well as a terrace, another bathroom and the access to the solarium of more than 30 m2, to enjoy the Mediterranean climate. Delivery date in September 2023.
Property Features
- 3 bedrooms
- 3 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
35,990€
Final Payment of 90% on completion
350,910€
Property Purchase Expenses
Property price
389,900€
Transfer tax 8%
31,192€
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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