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Property marketed by Inmo Investments
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New build villas in Finestrat, located in the exclusive Sierra Cortina area. This residential complex offers 9 modern villas with different layouts, including single or two-story designs, some with a basement or solarium. Each villa features 3 bedrooms, 2 or 3 bathrooms, an open-plan kitchen, built-in wardrobes, air conditioning, aerothermal system, a private garden with a pool, and parking. Situated near golf courses, theme parks, a shopping center, and just minutes from Benidorm’s beaches. Finestrat offers stunning views of the mountains, coastline, and Mediterranean Sea.
Property Features
- 3 bedrooms
- 3 bathrooms
- 270m² Build size
- 396m² Plot size
- Swimming Pool
EPC Rating
Energy Rating Scale |
---|
A |
B |
C |
D |
E |
F |
G |
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
82,000€
Final Payment of 90% on completion
765,000€
Property Purchase Expenses
Property price
850,000€
Transfer tax 8%
68,000€
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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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.