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Property marketed by ExtremaCasa
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This 3/4 bedroomed, 200 sq.m town house is situated on a pretty square near the heart of San Vicente and is deceptively spacious inside.As you enter through the front door there is an attractive living room, with a bedroom off it. The corridor leads to a stairwell and a further bedroom and living room. There is a small alcove kitchen and a bathroom. A covered outside corridor in turn leads through to another kitchen with storeroom. The first floor has another living room with aspects over the square with its fountain, and another room which needs finishing. Stairs lead to a large loft space.
Property Features
- 0 bedrooms
- 0 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,995€
Final Payment of 90% on completion
71,955€
Property Purchase Expenses
Property price
79,950€
Transfer tax 10%
7,995€
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.