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Ref: AG19MLSC1704253
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Detached villa at prime location within short walking distance to Villamartin Golf Club and the Villamartin Plaza, and only a 5 minute drive to the beach.The villa comprises of 3 bedrooms and 3 bathrooms on first level and in addition another 3 bedrooms and 1 bathroom in the basement all with windows. Private pool to enjoy the south facing position, garage and off road parking.
Property Features
- 5 bedrooms
- 4 bathrooms
- 1,111,111m² Build size
- 1,111,111m² Plot size
- Garden
- Veranda
- Barbeque
- Parking, Garage
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
86,500€
Final Payment of 90% on completion
805,500€
Property Purchase Expenses
Property price
895,000€
Transfer tax 8%
71,600€
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.