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Ref: 055981/6907
Property marketed by Canary Hogar
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Incredible newly built independent villa in the paradise of Palm-Mar, an oasis of tranquility by the sea, in the south of Tenerife, just a few km from the popular Costa Adeje.~The villa is located on a 550 m2 plot, has a private heated pool and will be finished by summer 2025.~It has an independent entrance from the street, a spacious and bright kitchen, a huge living room with access to the terrace with a chill-out area, the garden and the private pool. On the same floor, you will find two double bedrooms, a full bathroom and a guest toilet.~Going up to the first floor, let yourself be enchanted by the 2 huge bedrooms with dressing rooms, and the open views of the sea and the nature reserve. In addition, each bedroom has a private ensuite bathroom and a terrace.~The villa is sold finished with high quality finishes.~What are you waiting for to book your visit?
Property Features
- 4 bedrooms
- 3 bathrooms
- 300m² Build size
- 550m² Plot size
- Swimming Pool
- Alarm Theft
- telephone
- Wardrobes cupboard
- Light
- Water
- Water Deposit
- Vistas al mar
- Alarm Fire
- Terrace
- Garage
- Pool Own
- Air-Conditioning
- Alarm
- Garden
- Furniture
- Appliances
- Solarium
- Storeroom
- Barbecue
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
172,000€
Final Payment of 90% on completion
1,575,000€
Property Purchase Expenses
Property price
1,750,000€
Transfer tax 10%
175,000€
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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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.