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Property marketed by JMT Spanish Properties

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Ground floor villa urban in Mutxamiel Almajada (Alicante), just 20 minutes from the beach, with mountain views.
The house consists of 3 bedrooms, 2 bathrooms, a large living room with chimney, a closed kitchen with utility room and has a living area of 219m2 and a fenced urban plot of 1000m2. This plot can be legally built up to 350m2. The garden has a summer kitchen and various shady trees. There are also two terraces, one of which is covered. The house has central heating and air condition and is built with very high quality materials.
Within a 3 minute drive you can reach a hospital, various shops and the school. The city is 5 minutes away. Travel time to the airport is 20 minutes.
The house consists of 3 bedrooms, 2 bathrooms, a large living room with chimney, a closed kitchen with utility room and has a living area of 219m2 and a fenced urban plot of 1000m2. This plot can be legally built up to 350m2. The garden has a summer kitchen and various shady trees. There are also two terraces, one of which is covered. The house has central heating and air condition and is built with very high quality materials.
Within a 3 minute drive you can reach a hospital, various shops and the school. The city is 5 minutes away. Travel time to the airport is 20 minutes.
Property Features
- 3 bedrooms
- 2 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
48,000€
Final Payment of 90% on completion
459,000€
Property Purchase Expenses
Property price
510,000€
Transfer tax 8%
40,800€
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.