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Ref: PHIP-443
Property marketed by JMT Spanish Properties
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We are delighted to offer for sale this stunning 3 bedroom 3 bathroom villa next to the Las Ramblas golf course in Villamartin.The villa is in perfect condition and in a modern style. It has a total of 296 m2 built on 3 floors and benefits a part from the 3 bedrooms and 3 bathrooms, of the kitchen in modern style, very large living room, dining room and gallery. There is an office that could be converted into another bedroom. The basement is prepared to be able to create a seperated apartment with kitchen, living room, bathroom and separate entrance already cast, only missing a wall to create the bedroom. Air conditioning throughout the house and central heating. All rooms and terraces have lovely views over the Las Ramblas golf course.The plot has a total of 600 m2 and benefits from its own private pool, rest area, large garage and storage with the possibility of being extended.
Property Features
- 3 bedrooms
- 3 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
56,500€
Final Payment of 90% on completion
535,500€
Property Purchase Expenses
Property price
595,000€
Transfer tax 8%
47,600€
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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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.