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Property marketed by Inmo Investments
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Charming single-story villa located in the desirable Montemar area of Algorfa, offering a blend of comfort and convenience. The property boasts a delightful front porch that leads into a spacious living room, complete with fireplace. The villa features three well-appointed bedrooms, all equipped with built-in wardrobes, providing ample storage. The kitchen is functional and complemented by a utility area for added practicality. A fully equipped bathroom completes the main living space. An exterior staircase from the garden provides access to a private solarium on the upper floor, perfect for soaking up the sun or enjoying tranquil views. Additionally, the garden includes a small aluminum door leading to a versatile basement space of approximately 18 square meters, offering extra storage. The villa is part of a well-maintained community that offers a range of amenities, including a communal swimming pool and shared landscaped areas, perfect for leisure and socializing. This property is an excellent opportunity for those seeking a serene lifestyle in a welcoming neighbourhood.
Property Features
- 3 bedrooms
- 1 bathroom
- 84m² Build size
- 216m² Plot size
- Swimming Pool
- Garden
- Communal Pool
- Solarium - Private
- Storage room
- Unfurnished
- Terrace
- Under build
- Walking Distance to Amenities
- Built-in Wardrobes
- Utility Room
EPC Rating
Energy Rating Scale |
---|
A |
B |
C |
D |
E |
F |
G |
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,800€
Final Payment of 90% on completion
178,200€
Property Purchase Expenses
Property price
198,000€
Transfer tax 8%
15,840€
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.