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Detached Villa, La Capellania, Costa del Sol5 Bedrooms, 4 Bathrooms, Built 188 m², Terrace 50 m², Garden/Plot 1045 m²Setting : Close To Town, Close To Schools, UrbanisationOrientation : South WestCondition : GoodPool : PrivateClimate Control : Air Conditioning, Hot A/C, Cold A/C, FireplaceViews : Sea, Garden, Pool, StreetFeatures : Covered Terrace, Fitted Wardrobes, Near Transport, Private Terrace, Guest Apartment, Storage Room, Utility Room, Ensuite Bathroom, Double GlazingFurniture : OptionalKitchen : Fully FittedGarden : PrivateSecurity : Gated Complex, Entry Phone, Alarm SystemParking : Covered, More Than OneUtilities : Electricity, Drinkable Water, TelephoneCategory : Resale
Property Features
- 5 bedrooms
- 4 bathrooms
- 188m² Build size
- 1,045m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
122,000€
Final Payment of 90% on completion
1,125,000€
Property Purchase Expenses
Property price
1,250,000€
Transfer tax 10%
125,000€
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.