5 bedroom Villa for sale in Lorca, Murcia, Spain

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7 Bed Property LorcaMain House - 1st Floor:2 large lounge areas, both with log burners, one has downstairs toilet andstore cupboard with staircase to 2nd floorBedroom fully furnished with en-suiteReception room with open fireplacekitchen including large cooker, 2 sinks, 3 fridges, washing machine anddishwasher and centre table with marble top and storageBedroom with en-suite off kitchen courtyard area, with wardrobes, shel-ving and en-suiteMain House - 2nd floor:5 large bedrooms all with en-suites and all fully furnished, all with Julietbalconies and spectacular mountain viewsGarden and outdoors:Set in 18 hectares (approx 45 Acres of land completely surrounding the propertyfront, back and both sides)12m x 5m swimming pool, depth 1 meter to 14 meters with outside showerThe property has mains water, electric, wifiWell established fabulous country property has been totally renovated to an exceptionally high standardContact us today for more information on this stunning 7 Bed Property, Lorca or to arrange a viewing!

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Property Features

5 bedrooms
8 bathrooms
A/C
Location: Coastal
Countryside views
Garage
Large plot
Renovated

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.

Mortgage Calculator

Mortgage Amount:

695,000€

Deposit:

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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.