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Ref: NGK-GK-0141
Property marketed by Goldhouse Inmobiliaria Real Estate SL
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New build detached villas in Villamartin, Orihuela Costa, close to all amenities, 3 international golf courses, shopping centre Zenia Boulevard, sea and beaches, etc. The villas come with 3 bedrooms, 2 bathrooms, spacious and bright living / dining area, open kitchen, landscaped garden, private and community pool, and private parking area. Extras are pre-installation of air conditioning, totally fitted alarm system, and exterior lighting in terraces and garden. We work in collaboration wit the builder, contact us for more information or to make an appointment. ref:NGK-GK-0141
Property Features
- 3 bedrooms
- 2 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
26,700€
Final Payment of 90% on completion
267,300€
Property Purchase Expenses
Property price
297,000€
Transfer tax 8%
23,760€
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.