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Property marketed by Engel & Voelkers Torrevieja - Orihuela
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New construction of 3 wonderful single-family villas on two levels (terrace-solarium on the third floor), with a 9x3 meter pool in each of them. On plots of 290m2, 400m2 and 424m2. Armored main door. The homes are delivered with smooth white interior paint and porcelain stoneware floors. The bathrooms and kitchen are tiled in ceramic stoneware up to the ceiling. The exterior carpentry is in PVC with sliding leaves. Mechanized blinds on all windows, with “climalit” glass and double glazing. Interior carpentry with white lacquered furniture. Built-in wardrobes in bedrooms also in white. Three white bathroom furniture, with mirror included. The toilets are made of “Roca” type vitrified porcelain or similar. Underfloor heating by water throughout the house by aerothermal energy. Kitchen with white high and low cabinets, silestone countertop or similar. Stainless steel sink. Aerothermal hot water with accumulator. Single-lever faucets with cut-off keys. “Bosch” dishwasher or similar, “Cata Isla” fume extractor hood or similar. “Bocsch” oven or similar. “Bosch” countertop or similar. “Bosch” washing machine or similar. “Beko” refrigerator or similar. Spotlight throughout the house. Pre-installation of telephone and internet. Pre-installation of TV and FM in living room and master bedroom. Installation of air conditioning through ducts and machine included. Double flow ventilation installation, air recirculation using a motor. Intercom at entrance with video intercom.
Property Features
- 4 bedrooms
- 3 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
52,000€
Final Payment of 90% on completion
495,000€
Property Purchase Expenses
Property price
550,000€
Transfer tax 8%
44,000€
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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