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Ref: W-02UT9C
Property marketed by Engel & Voelkers Torrevieja - Orihuela
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This new and modern villa is located closed to the city of Torrevieja, in a quiet and pleasant development, with all kind of services and 1.500 km away from the city and from the beach. The villa is on one floor built with the highest construction standards, on a plot of 400 m. With private parking. The house is distributed in a spacious and bright living room with an open concept kitchen, three bedrooms and two bathrooms, one en suite. The living room leads to a large and sunny terrace where enjoying the Mediterranean sun.
Property Features
- 3 bedrooms
- 2 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
51,900€
Final Payment of 90% on completion
494,100€
Property Purchase Expenses
Property price
549,000€
Transfer tax 8%
43,920€
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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