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Ref: CSP-V1392
Property marketed by Crystal Shore Properties
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A contemporary south west facing villa currently under construction and due completion Spring 2018, located in the sought after 24h gated community Los Arqueros famed for its challenging golf course and on site sports facilities. Its an ideal family home or perfect rental investment as it comprises five bedrooms with five bathrooms and two guest cloakrooms. There is a grand living-dining room with a fully equipped kitchen and additional multipurpose rooms accessing vast terraces and own swimming pool.
Property Features
- 5 bedrooms
- 5 bathrooms
- 772m² Build size
- 1,020m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
247,000€
Final Payment of 90% on completion
2,250,000€
Property Purchase Expenses
Property price
2,500,000€
Transfer tax 10%
250,000€
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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