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Ref: CT-86211
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Fabulous luxury villa in Altea in one of the best and exclusive areas, next to the Mediterranean Sea in a very quiet urbanization with sea views, built with criteria of sustainability, energy efficiency and with a design that you will fall in love with at first sight. The house is on a plot of 1,420m², built 425m², and 298m² of terraces to enjoy the outdoors. It consists of 4 double bedrooms with their en-suite bathrooms, spacious living room, fully equipped kitchen with high-end appliances, benefits from elevator, home automation, garage that communicates inside to the house.
Property Features
- 4 bedrooms
- 4 bathrooms
- 425m² Build size
- 1,420m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
276,500€
Final Payment of 90% on completion
2,515,500€
Property Purchase Expenses
Property price
2,795,000€
Transfer tax 8%
223,600€
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.