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Property marketed by JMT Spanish Properties
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Ground floor new build villa in Busot / Bonalba (Alicante), just 25 minutes from the beach, with mountain views.
This modern and light-filled villa consists of 3 bedrooms, 2 bathrooms, a large living room with high ceiling, a kitchen, an 82m2 basement that can be used as a garage or to build a guest house and has a living area of 147m2 and a fenced plot of 809m2 . In the easy-care garden is a private pool and a large terrace. There is pre-installation for air conditioning.
The house is in a very quiet area and has good views, ideal to live there all year round and is just 5 minutes from the city and 25 minutes from Alicante airport.
This modern and light-filled villa consists of 3 bedrooms, 2 bathrooms, a large living room with high ceiling, a kitchen, an 82m2 basement that can be used as a garage or to build a guest house and has a living area of 147m2 and a fenced plot of 809m2 . In the easy-care garden is a private pool and a large terrace. There is pre-installation for air conditioning.
The house is in a very quiet area and has good views, ideal to live there all year round and is just 5 minutes from the city and 25 minutes from Alicante airport.
Property Features
- 3 bedrooms
- 2 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
40,000€
Final Payment of 90% on completion
387,000€
Property Purchase Expenses
Property price
430,000€
Transfer tax 8%
34,400€
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.