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Ref: PHIP-334
Property marketed by JMT Spanish Properties
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We are pleased to offer for sale this Villa located in a quiet residential area of Algorfa. The property has been maintained to the highest standard and benefits from two separate living accommodations. From the spacious terrace there are stunning views over the Vega Baja as well as over the large private swimming pool and spacious gardens. To the interior there are 3 bedrooms, living room and kitchen on the main floor and the same again on the lower level. An ideal family home, a viewing is a must.
Property Features
- 6 bedrooms
- 5 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
47,000€
Final Payment of 90% on completion
450,000€
Property Purchase Expenses
Property price
500,000€
Transfer tax 8%
40,000€
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.