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Bungalow in Los Montesinos, La HerradaDiscover this charming independent bungalow located in Los Montesinos, with a size of 160m², fenced and east-facing, ideal for those seeking a peaceful and comfortable living environmentProperty Features:Entrance: At the entrance of the property, you will find a convenient parking space Garden: An urban garden that offers the possibility of building a pool, perfect for hot summer days, or a pleasant space to relax Porch: Before entering the house, enjoy a porch ideal for outdoor relaxationInterior of 100m², on the ground floor:A spacious and bright living and dining room with a fireplaceA fully equipped and independent kitchenA bathroomA comfortable bedroomA storage spaceUpstairs, accessible via a marble staircase with a wooden handrail:A bathroomTwo additional bedrooms with built-in wardrobes, perfect for accommodating family or guests, offering access to a large private terrace with stunning views of the fields and fruit treesAll windows are aluminum, equipped with mosquito screens, double glazing, and iron grills The door is reinforced, and the floors are tiledDon't miss this unique opportunity to own this magnificent bungalow in Los Montesinos Contact us today for more information or to schedule a visit
Property Features
- 3 bedrooms
- 2 bathrooms
- 100m² Build size
- 160m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
15,750€
Final Payment of 90% on completion
168,750€
Property Purchase Expenses
Property price
187,500€
Transfer tax 8%
15,000€
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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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.