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Property marketed by Engel & Voelkers Torrevieja - Orihuela
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This fantastic detached villa of 418 m2, built with exceptional qualities and insulation, is located in the La Herrada Urbanization (Los Montesinos), very close to all services and supermarket. It was built in 2008, and is located on a 532 m2 plot, with the main construction occupying an area of 160 m2 on said plot. The house has three floors distributed in the basement, where the garage, gym and staircase that gives access to the first floor at street level are located. On the ground floor of the property, we find a hall, living-dining room, separate kitchen, laundry room, toilet, four bathrooms, bedroom and dressing room. In addition, on this floor we have a glazed terrace to enjoy winter afternoons. From this ground floor we access through a staircase to the upper floor where we can find another three bedrooms, a bathroom, a toilet and an open terrace from which you can access the bedrooms and which has unbeatable views of the Torrevieja salt flats. Outside the house, we find a swimming pool of approximately 32 m2, a barbecue-gazebo area covered with a pergola and several terraces that make the exterior maintenance of the property easy. The house has independent air conditioning machines in some rooms, and a wood-burning fireplace in the living room. It is delivered partially furnished and with appliances.
Property Features
- 4 bedrooms
- 4 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
66,500€
Final Payment of 90% on completion
625,500€
Property Purchase Expenses
Property price
695,000€
Transfer tax 8%
55,600€
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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