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Ref: CSP-TH0352
Property marketed by Crystal Shore Properties
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Spacious semi-detached house for sale in Monte Mayor, designed in a traditional Andalusian pueblo style with winding cobblestone streets, picturesque squares, splashing fountains, colourful architecture and an inviting swimming pool. This immaculately presented property affords panoramic sea and mountain views and has enough room to install a private plunge pool if desired. It is distributed over two levels and comprises of a bright living room with a cosy fireplace, dining room, a modern fully equipped kitchen and a wonderful south facing terrace enjoying those views. There are three ample double bedrooms with two bathrooms. Garage and storeroom included.
Property Features
- 3 bedrooms
- 2 bathrooms
- 192m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
31,500€
Final Payment of 90% on completion
310,500€
Property Purchase Expenses
Property price
345,000€
Transfer tax 10%
34,500€
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.