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Ref: W-02YVS3
Property marketed by Engel & Voelkers Torrevieja - Orihuela
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Welcome to an architectural gem that redefines luxury in every detail. This magnificent villa of 420 square meters, situated on a plot of 790 square meters, offers a living space of 370 square meters. With 8 rooms, including 5 bedrooms and 5 bathrooms (of which 3 are master suites), this house presents itself as a haven of elegance, comfort, and exclusivity. Upon crossing the threshold, a world of sophistication opens up, where every space has been carefully designed to maximize natural light and spaciousness. The villa is in impeccable condition, reflecting meticulous care in every corner. The atmosphere is one of serenity and grandeur, ideal for those seeking a private retreat full of style.
Property Features
- 5 bedrooms
- 5 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
114,000€
Final Payment of 90% on completion
1,053,000€
Property Purchase Expenses
Property price
1,170,000€
Transfer tax 8%
93,600€
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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Spanish Property News & Updates by Spain Property Portal.com
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.