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Ref: W-02Y3E1
Property marketed by Engel & Voelkers Torrevieja - Orihuela
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New build chalet with private pool in Mil Palmeras (Alicante). Modern chalet of approximately 131 m2 on a 265 m2 plot, with three bedrooms and three bathrooms, on two floors. The house is distributed over two floors; on the ground floor, there is a living room with an American kitchen overlooking the pool, a bedroom with a built-in wardrobe, and a bathroom. An interior staircase leads to the second floor, where the other two bedrooms with built-in wardrobes and en-suite bathrooms are located. In addition, one of the two bedrooms has a private terrace accessible from the room itself. From this floor, you can access the flat roof of the house, which serves as a solarium. Outside the house, there is a garden area, a private pool, and surface parking (depending on the model). The house is fully finished with double-glazed windows, pre-installation of duct air conditioning, fitted kitchen, etc.
Property Features
- 3 bedrooms
- 3 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
50,990€
Final Payment of 90% on completion
485,910€
Property Purchase Expenses
Property price
539,900€
Transfer tax 8%
43,192€
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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