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Modern villa in a very quiet urbanization, 1.4km from the Arenal Bol beach in Calpe. This villa is part of a residential complex of 17 semi-detached houses. The house has an area of 144m2 between 2 floors, and is composed of a living room with open kitchen and access to the main terrace and a toilet on the ground floor. The upper floor is composed of 3 double bedrooms with terraces and two bathrooms. The house has a private parking space. The complex has a swimming pool and paddle tennis court.
Property Features
- 3 bedrooms
- 2 bathrooms
- 144m² Build size
- 144m² Plot size
- construction year: 2023
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
45,950€
Final Payment of 90% on completion
440,550€
Property Purchase Expenses
Property price
489,500€
Transfer tax 8%
39,160€
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.