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Property marketed by Engel & Voelkers Torrevieja - Orihuela
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This modern complex consists of three individual modern-style villas on one floor, with a basement of approximately 90 m2, surface parking spaces within the plot, a large terrace with a pool of approximately 40 m2 and plenty of green space, on a plot of approximately 900 m2. Each villa of approximately 158 m2 has 3 bedrooms and 3 bathrooms (one of them en suite), as well as the possibility of customizing the basement into a living area. You can create a cozy atmosphere according to your wishes and needs. The villas are located in an unbeatable location within a private community on the prestigious Las Colinas Golf and Country Club golf course.
Property Features
- 3 bedrooms
- 3 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
107,000€
Final Payment of 90% on completion
990,000€
Property Purchase Expenses
Property price
1,100,000€
Transfer tax 8%
88,000€
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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