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Ref: CSPN-91407
Property marketed by Complete Spanish Property
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Development of independent new construction villas, with private pool and modern finishes. The houses consist of 2 floors and you also have access to the solarium with great views of the sea. On large plots of around 550 m2. Its elevated location offers wonderful open views of the mountains, the city of Alicante and the sea. Strategically located 1 km from the Bonalba golf course, 3.5 km from the beaches of San Juan and Muchavista, 9 km from the city of Alicante and 20 km from the Alicante international airport. Enjoy an average annual temperature of 20ºC and 300 days of sunshine a year in an environment with rich gastronomy and a wide range of leisure activities.
Property Features
- 3 bedrooms
- 3 bathrooms
- 118m² Build size
- 550m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
42,000€
Final Payment of 90% on completion
405,000€
Property Purchase Expenses
Property price
450,000€
Transfer tax 8%
36,000€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.