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Ref: EMA4015N
Property marketed by España Dream Properties

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This large detached villa in Lo Crispin, Algorfa offers plenty of space for a large family for either permanent living or as a holiday home.The main floor of the villa has a spacious lounge diner, a separate kitchen, store room, family shower room and a double bedroom. At the rear of the property is a lovely terrace with awning, barbeque and seating areas, ideal for relaxing and enjoying the long summer evenings. The top floor has two double bedrooms, a family bathroom and a spacious terrace with views to the distant mountains.At the bottom of the house is a huge basement with a further single bedroom and a large double bedroom, a family shower room and a second lounge area, which is currently used for beauty treatments.This villa offers a great combination of outside space, internal space and a great location, just 75 metres from the communal pool. It will not be around for long, so book your viewing now!
Property Features
- 5 bedrooms
- 3 bathrooms
- 172m² Build size
- 266m² Plot size
- Swimming Pool
- Terrace
- Storage room
- Basement
- Air conditioning
- Communal Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
24,500€
Final Payment of 90% on completion
247,500€
Property Purchase Expenses
Property price
275,000€
Transfer tax 8%
22,000€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.