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Property marketed by JMT Spanish Properties

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Beautiful country house of 130m2, 3 large
bedrooms, glazed terrace, 2 kitchens, one bathroom inside and one outside, two
kitchens, one with pantry, glazed terrace, the house is in perfect condition to
live in, 5,000m2 fenced plot, with a nice garden and beautiful olive trees,
large swimming pool, garage, storage room, carport, quiet area with good views
just 4 minutes from the town, 15 minutes from the beautiful city of Elche, 25
from the airport and the beach.
bedrooms, glazed terrace, 2 kitchens, one bathroom inside and one outside, two
kitchens, one with pantry, glazed terrace, the house is in perfect condition to
live in, 5,000m2 fenced plot, with a nice garden and beautiful olive trees,
large swimming pool, garage, storage room, carport, quiet area with good views
just 4 minutes from the town, 15 minutes from the beautiful city of Elche, 25
from the airport and the beach.
Property Features
- 3 bedrooms
- 2 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
27,000€
Final Payment of 90% on completion
270,000€
Property Purchase Expenses
Property price
300,000€
Transfer tax 8%
24,000€
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.