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Property marketed by ExtremaCasa
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Charming village house in the historic centre of Villanueva de la Vera, a short walk from the central plaza. A spacious entrance hall with an interior well leads to the kitchen and dining area, a bathroom and an enclosed patio area to the rear. A further room to the side of the patio is suitable for storage or use as a workshop, studio or summer room. The property has four bedrooms and terraces on the upper floors looking out onto a quiet cobbled street. A home full of character, carefully renovated and full of original features.
Property Features
- 0 bedrooms
- 0 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,850€
Final Payment of 90% on completion
142,650€
Property Purchase Expenses
Property price
158,500€
Transfer tax 10%
15,850€
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.