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Ref: ASK9876S
Property marketed by España Dream Properties

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The houses have 177 m2 of the house area, 3 bedrooms and 3 bathrooms, a large living-dining room with open kitchen and island, spacious terraces with spectacular sea views. The plot is about 700 m2 with a private swimming pool and a carport.
Property Features
- 3 bedrooms
- 2 bathrooms
- 166m² Build size
- 700m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
69,000€
Final Payment of 90% on completion
648,000€
Property Purchase Expenses
Property price
720,000€
Transfer tax 8%
57,600€
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.