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Ref: NFR-FR-0352
Property marketed by Goldhouse Inmobiliaria Real Estate SL
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New build town houses for sale in Santiago de la Ribera, only 100 m to Mar Menor, and close to all amenities. The houses come with 3 bedrooms, 3 bathrooms, and an open and spacious living / dining / kitchen area. Included in the price are parking space on the plot, private pool, a 36 sqm solarium and pre-installation of airco. We collaborate with the builder, contact us now for more information or to book a viewing. ref:NFR-FR-0352
Property Features
- 3 bedrooms
- 3 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
37,500€
Final Payment of 90% on completion
364,500€
Property Purchase Expenses
Property price
405,000€
Transfer tax 8%
32,400€
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.