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Ref: DH-MAS4
Property marketed by Dreamhomes Spain
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Double height distribution. Master bedroom with dressing room. Plots from 370 m². Modern, bright and spacious design house with a built surface of169m². The villa has 4 bedrooms and is constructed on 2 floors.The house has a bright study, independent kitchen and master bedroom with dressing room.Located in urbanization Monte y Mar with all the necessary facilities like shopping center and supermarket, etc.The beaches of the area, Arenales Del Sol and El Carabassí, are just 5 minutes away from the residential.Just 5 minutes driving to the airport. Easy access to the main roads and highway that connects Elche, Alicante and Santa Pola.
Property Features
- 4 bedrooms
- 3 bathrooms
- 169m² Build size
- 370m² Plot size
- Balcony
- Terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
44,500€
Final Payment of 90% on completion
427,500€
Property Purchase Expenses
Property price
475,000€
Transfer tax 8%
38,000€
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.
Mortgage Calculator
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.