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Ref: HP97924
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3 bed, 2 bath townhouse in the centre of Teulada town, with charming interior courtyard/patio and LOVELY VIEWS to the mountains. Ideal for family-living, within a SHORT WALK of all amenities, including restaurants, shops, school and football field. Accommodation is over 3 levels, and, on the ground floor, consists of: welcoming and spacious living/dining room; independent, fully-fitted kitchen/diner; bathroom; charming interior courtyard/patio with BBQ and storage room. Internal stairs to the second level, comprising: hallway, with fitted wardrobes; two double bedrooms; bathroom. Level 3: large double bedroom, with a covered terrace, offering open views. HP97924
Property Features
- 3 bedrooms
- 2 bathrooms
- 160m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
19,000€
Final Payment of 90% on completion
198,000€
Property Purchase Expenses
Property price
220,000€
Transfer tax 8%
17,600€
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.