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Ref: EMA9202V
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This detached villa in Playa Flamenca, with a plot of 406 m² and a constructed area of 142 m², is the perfect choice for those looking for a spacious home in a prime location. The property has 3 bedrooms, 2 bathrooms, and a comfortable and functional layout. It has 3 terraces, ideal for enjoying the Mediterranean climate. The large private garden offers a perfect space to relax and enjoy the outdoors, while the communal pool is available to cool off during the warmer months.In addition, it includes a storage room and a parking space, offering additional comfort and storage. Located in a quiet area, with close access to all services, this villa is an excellent choice for those looking for quality of life on the Costa Blanca.
Property Features
- 3 bedrooms
- 2 bathrooms
- 142m² Build size
- 406m² Plot size
- Swimming Pool
- aire acondicionado
- Zonas Comunes
- piscina
- garaje
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
47,397€
Final Payment of 90% on completion
453,572€
Property Purchase Expenses
Property price
503,969€
Transfer tax 8%
40,318€
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.