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Ref: AG19MLSC8681878
Property marketed by Spain Property Shop S.L
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Just 15 minutes from the center of Alicante we find this wonderful villa in Villanueva. The villa, which is a total of 271m2, consists of 5 bedrooms, 2 bathrooms, a separate kitchen and a large lovely living room with a large covered terrace. On the outside we also find a large private pool with a lovely terrace all around and lovely plantings. On the plot, which is a full 2500m2, there is plenty of space for parking for a number of cars. A property that we really recommend a visit.
Property Features
- 5 bedrooms
- 2 bathrooms
- 271m² Build size
- 2,500m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
46,000€
Final Payment of 90% on completion
441,000€
Property Purchase Expenses
Property price
490,000€
Transfer tax 8%
39,200€
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.