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Ref: W-02TOWA
Property marketed by Engel & Voelkers Torrevieja - Orihuela
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Magnificent large classic luxury villa of approx. 427 m2 built on a plot of 1,108 m2. The villa, accessed from two streets, has a total of 4 bedrooms, three bathrooms (two en suite), two dining rooms (one with a fireplace and sea views), a raised living room with a fireplace, a large American kitchen with a bar and direct sea views through a magnificent window, a gazebo with a glass roof and bar for celebrations, a very private pool area with a barbecue, a storage room, and access to the solarium with spectacular beach views. All finished with fine materials. In addition, the house, due to its location on this large plot, has a closed garage and a covered parking area under a pergola.
Property Features
- 4 bedrooms
- 4 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
146,000€
Final Payment of 90% on completion
1,341,000€
Property Purchase Expenses
Property price
1,490,000€
Transfer tax 8%
119,200€
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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