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Ref: SV3770
Property marketed by Signature Villas SL
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This modern new construction villa is a project that will be built in a quiet and green area of Altea La Vella. The villa is distributed over 3 floors. On the lower floor is the spacious garage suitable for 2 cars and the storage room with technical area. On the main floor there is a spacious lounge with a dining area, a fully equipped modern open kitchen, a guest toilet and the master bedroom with dressing area and bathroom en suite. On the first floor are the remaining 3 spacious double bedrooms, each with an en suite bathroom. Besides the partly covered terrace with swimming pool, the villa offers several other sitting areas from which to enjoy the beautiful views.
Property Features
- 4 bedrooms
- 4 bathrooms
- 525m² Build size
- 1,420m² Plot size
- Garage
- Lift
- Terrace
- newly built
- air conditioning
- floor heating
- fitted wardrobes
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
226,500€
Final Payment of 90% on completion
2,065,500€
Property Purchase Expenses
Property price
2,295,000€
Transfer tax 8%
183,600€
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.