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Modern 5 bedroom, 3 bathroom one level villa located 600 meters from the beaches of Santiago De La Ribera. A large living room with wide sliding windows, a fully equipped modern open kitchen and a garden with private pool 14x6 m. The villa shows care for details through the implementation of triple glazing, a complete heating and air conditioning installation through conducts, doors with magnetic lock and a garden with irrigation system.The villa is located 600 meters from the beautiful bay of Santiago De La Ribera with all necessary facilities within walking distance such as many restaurants, tapas bars, coffee bars and supermarkets. The free Lo Pagan mud baths are a 5-minute bike ride away. The excellent location makes it easy to travel to Cartagena in 20 minutes, Murcia city is 30 minutes and the large shopping center Zenia Boulevard in Orihuela Costa with its 130 trendy shops is a 10 minute drive. The Dos Mares indoor shopping center is less than a 5-minute drive away.The boulevard of Santiago De La Ribera has countless restaurants and some great tapas and coffee bars right by the sea.Murcia Corvera airport is 30 minutes drive, Alicante airport 45 minutes.
Property Features
- 5 bedrooms
- 3 bathrooms
- 220m² Build size
- 653m² Plot size
- Swimming Pool
- Pool
- newly built
- near beach
- close to restaurants
- close to supermarket
- open plan kitchen
- garden
- private pool
- air conditioning
- Costa Blanca
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
84,090€
Final Payment of 90% on completion
783,810€
Property Purchase Expenses
Property price
870,900€
Transfer tax 8%
69,672€
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.