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Luxury villa on the Costa Calida, carefully designed and south facing, with modern architectural design and high-quality materials. The bedrooms have luxury fitted wardrobes, bathroom and terrace. In the garage you will find a laundry room with washing machine and dryer.It is located on the Mar Menor, where you have a beautiful and exclusive view. - The price advertised is the starting price of this new build project. Prices of properties in this project will depend on for instance size, bedrooms and level. Ask for current availability. -
Property Features
- 3 bedrooms
- 3 bathrooms
- 162m² Build size
- 500m² Plot size
- Swimming Pool
- Pool
- newly built
- close to the sea
- Sea Views
- Laundry Room
- garden
- terrace
- roof terrace
- outside kitchen
- private pool
- air conditioning
- Costa Blanca
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
58,000€
Final Payment of 90% on completion
549,000€
Property Purchase Expenses
Property price
610,000€
Transfer tax 8%
48,800€
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.