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Ref: 681535
Property marketed by Lavanda Real Estate SL
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Grupo Tenza launches its new construction of Villa of latest design with excellent qualities and with incredible views of the sea, Rock and the bay of Calpe. All for Domotics, Elevator, Design garden, infinity pool surrounded by terrace, with BBQ area and Chillout area. Etc.
Property Features
- 4 bedrooms
- 4 bathrooms
- 349m² Build size
- 627m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
152,000€
Final Payment of 90% on completion
1,395,000€
Property Purchase Expenses
Property price
1,550,000€
Transfer tax 8%
124,000€
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.