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Ref: AG19151707
Property marketed by Spain Property Shop S.L
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La Regia, ground floor bungalow with driveway and a large 78 m2 tiled garden with a beautiful pergola, the house has 79 m2 and has 3 bedrooms, bathroom, large independent kitchen and living room, the house is sold semi-furnished and has a storage room.
Property Features
- 3 bedrooms
- 1 bathroom
- 79m² Build size
- Garden
- Veranda
- Kitchen appliances
- Parking, Uncovered
- Storage
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,300€
Final Payment of 90% on completion
137,700€
Property Purchase Expenses
Property price
153,000€
Transfer tax 8%
12,240€
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.