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Ref: CSP-ND590
Property marketed by Crystal Shore Properties
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Last house available! This newly refurbished gated development of 26 townhouses is located in the well-established neighbourhood of El Paraiso, a short drive from all amenities including walking distance to restaurants and a luxurious clubhouse with Spa and gym facilities. Set over three floors with internal stairs and a private internal lift, to be commissioned by purchaser. On the top floor there are two double en suite bedrooms with fitted wardrobes of which the master bedroom has its own terrace enjoying scenic mountain and partial sea views. On the ground floor there is a newly fitted kitchen, guest WC, an ample living-dining area with open fireplace and access to a spacious terrace, with steps down to a private garden on most. There is a further bedroom en suite in the basement, which could be used as a games room, as well as a double garage.
Property Features
- 3 bedrooms
- 2 bathrooms
- 202m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
27,500€
Final Payment of 90% on completion
274,500€
Property Purchase Expenses
Property price
305,000€
Transfer tax 10%
30,500€
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.