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Ref: NEW-EF-0022a
Property marketed by Goldhouse Inmobiliaria Real Estate SL
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New development in Los Alcazares, close to all amenities, golf, sea and beaches of Mar Menor. The development consists of ground and top floor bungalows and villas (ref. NEW-0022b). The ground floor bungalows come with 2 terraces, the top floors with terrace and solarium. They have 3 bedrooms, 2 bathrooms, a spacious living / dining room with open kitchen and laundry room. Included in the price are automatic blinds, LED-lights inside, pre-installation for aircon by ducts, private underground parking space (with pre-installation for charging electric cars) and storage. Set in a beautiful complex with communal areas, pool and solar panels. This could be your new home under the sun. ref:NEW-EF-0022a
Property Features
- 3 bedrooms
- 2 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
29,000€
Final Payment of 90% on completion
288,000€
Property Purchase Expenses
Property price
320,000€
Transfer tax 8%
25,600€
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.