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Ref: CSPQ-40555
Property marketed by Complete Spanish Property
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If you are searching for a LEGAL country property in the heart of the Vega Baja then look no further. This immaculate property boasts a huge plot complete with private pool and multiple outdoor sitting areas. Inside the property you have an entrance hall, off that a large living area plus kitchen and 3 double bedrooms. The master is complete with an en suite and there is also a family bathroom. This country villa has an abundance of extras which include workshop, carport, a bonus of separate accommodation, outdoor kitchen area, bowls area plus a lovely landscaped garden plus a hen pen. The location of this property is ideally situated between the towns of Almoradi and Rafal
Property Features
- 3 bedrooms
- 2 bathrooms
- 140m² Build size
- 2,500m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
29,000€
Final Payment of 90% on completion
288,000€
Property Purchase Expenses
Property price
320,000€
Transfer tax 8%
25,600€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.