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Ref: CT-86421
Property marketed by Vivacosta
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Fantastic Villa in Calpe, close to the beach and supermarkets. The house is built on a flat and very sunny plot, This wonderful villa has an ideal tourist license to rent out in the summer months and to be able to get a great economic return. It consists of 5 bedrooms, 3 bathrooms, spacious living room with fireplace, fully equipped independent kitchen. The garden is very well kept and well maintained with palm trees and fruit trees. It has a beautiful terrace with modern garden furniture and a swimming pool where you can enjoy a refreshing swim on the hottest days of summer. We also find a covered barbecue area, with a fully equipped outdoor kitchen and furnished with a large table where you can have a pleasant meal with friends or family.
Property Features
- 5 bedrooms
- 3 bathrooms
- 180m² Build size
- 803m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
66,500€
Final Payment of 90% on completion
625,500€
Property Purchase Expenses
Property price
695,000€
Transfer tax 8%
55,600€
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.