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Town House in Hondon de los Frailes with 3 bedrooms, 3 bathrooms and terrace with a jacuzzi, 160m2. More details to follow.
Property Features
- 3 bedrooms
- 3 bathrooms
- 160m² Build size
- Swimming Pool
- Mains electric
- Mains sewerage
- Mains water
Costing Breakdown
* 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.