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Ref: VO-74204
Property marketed by Vivacosta
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Luxury new build villa with sea view for sale in Calpe. On the ground floor there is a spacious living room, an open kitchen with pantry, 2 double bedrooms each with an en-suite bathroom and a guest toilet. On the first floor there is the master bedroom with en-suite bathroom and private terrace. Downstairs one has created a living space for the summer with a large covered terrace, again a dining room with open kitchen and BBQ area, a bathroom and then there is the swimming pool with terrace.
Property Features
- 4 bedrooms
- 3 bathrooms
- 273m² Build size
- 823m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
189,500€
Final Payment of 90% on completion
1,732,500€
Property Purchase Expenses
Property price
1,925,000€
Transfer tax 8%
154,000€
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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Spanish Property News & Updates by Spain Property Portal.com
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.