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Ref: TPG723
Property marketed by The Property Group
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Is a new development of stunning one level Villas just 700 metres from the beach. The properties comprise of three double bedrooms (all with fitted wardrobes), two bathrooms (en-suite to the master bedroom), fully-fitted modern kitchen (with breakfast bar) and open-plan living/dining area, leading to the spacious tiled garden and private swimming pool.rnrnThe Dos Mares Shopping Centre is just on the doorstep, with it's excellent array of supermarkets, restaurants, boutique shops and a cinema, whilst the promenades of Santiago de la Ribera and Lo Pagan are a total delight throughout the day and evening, with countless restaurants to choose from, some great little tapas bars and the ever-popular marina. The town is very active year-round and easily accessible from the AP-7 motorway.rnrn
Property Features
- 3 bedrooms
- 2 bathrooms
- 110m² Build size
- 281m² Plot size
- A/C
- Close to amenities
- Fitted kitchen
- Modern property
- Private garden area
- Private pool
- Newly built
- Fitted wardrobes
- Parking - private
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
46,990€
Final Payment of 90% on completion
449,910€
Property Purchase Expenses
Property price
499,900€
Transfer tax 8%
39,992€
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.