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Ref: ADE4433D
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Improve your lifestyle and do not miss out in this brand new development located in Santa Rosalia lake resort!Is a new community located in Santa Rosalia. The project includes 6 luxury villas all with large basement and solarium with pool.This paradise resort is a new concept to this area built 100m from the beach lagoon to enjoy swimming and watersports surrounded by a white sandy beach.The end result will be a stunning five star development offering a choice of apartments and villas built by various property developers that have already bought land on the resort.The resort is situated between the town of Mar Menor golf resort and Los Alcázares.Los Alcazares is a coastal town which has some unique places of interest to offer everyone. The town centre is relatively spread out, and has an excellent selection of shops and eateries to suit everybody, as well as beach side bars and restaurants.
Property Features
- 3 bedrooms
- 2 bathrooms
- 107m² Build size
- 198m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
50,500€
Final Payment of 90% on completion
481,500€
Property Purchase Expenses
Property price
535,000€
Transfer tax 8%
42,800€
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.