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Ref: CSPJ-48637
Property marketed by Complete Spanish Property
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The Madroño Community is located in an exclusive location of Las Colinas Golf & Country Club, south of Alicante. Overlooking the sea, surrounded by forest and in the imposing setting of one of the most prestigious golf courses on the Costa Blanca.Its design is a revolutionary concept of high-rise villas and spacious terraces to enjoy a unique setting.The villa Madroño 49 has a large plot of 1051 m2 with 175 m2 of constructed area and a private swimming pool of 40 m2 . It has three bedrooms, 2 bathrooms, one en suite, a toilet, and a fully equipped open plan kitchen. In addition, the villa has a spectacular solarium and a large garage.
Property Features
- 3 bedrooms
- 4 bathrooms
- 175m² Build size
- 1,051m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
126,500€
Final Payment of 90% on completion
1,165,500€
Property Purchase Expenses
Property price
1,295,000€
Transfer tax 8%
103,600€
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.