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Ref: AG20AC18-2453
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Completely renovated villa in Punta Prima, just 900m from the sea. The villa has 2 floors. It has 4 bedrooms and 2 bathrooms (underfloor heating). It features a living-dining room with an open-plan kitchen with new furniture and appliances. It has a large private garden, a summer kitchen, and a storage room. EVERYTHING IS NEW AND RENOVATED: bathrooms, kitchen, windows, doors... The complex has a communal pool, but a 3x3m private pool could easily be built in the garden.
Property Features
- 4 bedrooms
- 2 bathrooms
- 120m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
35,500€
Final Payment of 90% on completion
346,500€
Property Purchase Expenses
Property price
385,000€
Transfer tax 8%
30,800€
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.