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Ref: CSPO-35009
Property marketed by Complete Spanish Property
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This spacious villa offers 3 bedrooms, 3 bathrooms, large living and dining area, kitchen, terrace and solarium. There is a garage, plenty of storage space and also utility room. The property is located on a large plot of 400m2 and has very well kept garden. It will be sold fully furnished and equipped.Villamartin is a fast-growing tourist destination, located on the southern Costa Blanca just west of Torrevieja, which many tourists choose for its proximity to three championship golf courses, Campoamor, Las Ramblas and Villamartin. It also has many sandy Blue Flag beaches just a few minutes' drive away at La Zenia, Cobo Rojg and Playa Flamenca. The Villamartin Plaza is surrounded by shops, cafés, bars, banks and restaurants, where the summer nightlife atmosphere buzzes with life.
Property Features
- 3 bedrooms
- 3 bathrooms
- 111m² Build size
- 400m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
24,500€
Final Payment of 90% on completion
247,500€
Property Purchase Expenses
Property price
275,000€
Transfer tax 8%
22,000€
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.