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Ref: W-02WBHE
Property marketed by Engel & Voelkers Torrevieja - Orihuela
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Large independent villa of 520m2 built on an 800m2 plot with swimming pool, facing southeast. The house has two floors and a basement. The main floor is distributed in a bedroom with built-in wardrobes and an en-suite bathroom, a kitchen and two living rooms with a fireplace each, a guest bathroom and a room for study or work. On the upper floor we find two very large bedrooms with built-in wardrobes, a full bathroom and a terrace each. One of the rooms has a large terrace from which you can see the entire pool area and the Torrevieja salt lake. In the basement we enjoy a bathroom, a large bedroom, a cellar with a living room, a laundry room and a laundry room. 1 closed garage and another exterior.
Property Features
- 6 bedrooms
- 4 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
86,000€
Final Payment of 90% on completion
801,000€
Property Purchase Expenses
Property price
890,000€
Transfer tax 8%
71,200€
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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