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Ref: CSPD-52158
Property marketed by Complete Spanish Property
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This fantastic property is located beachside Cabo Roig, situated in a well established neighborhood the villa offers an impressive 7 bedrooms, 4 bathrooms, 2 lounges, garage, private pool and beautiful mature gardens. The sandy beaches of Cabo Roig or La Zenia can we walked to in under 5 minutes. The villa is the perfect holiday home for a large family with potential to make large rental return. To fully appreciate viewings are highly recommended.
Property Features
- 7 bedrooms
- 4 bathrooms
- 240m² Build size
- 1,000m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
107,000€
Final Payment of 90% on completion
990,000€
Property Purchase Expenses
Property price
1,100,000€
Transfer tax 8%
88,000€
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.