3 bedroom Villa for sale in Villamartin, Alicante, Spain

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Ref: 686435

Property marketed by Girasol Assen B54983077

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This spacious 3 bedroom, 3 bathroom detached villa is located in Blue Lagoon, just a short walk to local amenities. Positioned on a 469m2 plot the property offers a large private pool, various terraces, outdoor bbq area and separate garage. With an internal living space of 287m2, the property is currently divided into 2 separate accomodations. On the ground floor you have large covered front terrace, with open plan kitchen, diner and lounge with fireplace. 2 evenly distributed bedrooms with en-suite bathroom in the master bedroom. A staircase at the side of the villa leads you to another glazed front terrace, lounge, kitchen, bathroom and bedroom. Views of the local area are observed from the large upper terrace. The property is in need of reform and has masses of potential to a an amazing family home.

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Property Features

3 bedrooms
3 bathrooms
287m² Build size
469m² Plot size
Swimming Pool

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

27,000€

Final Payment of 90% on completion

269,999€

Property Purchase Expenses

Property price

299,999€

Transfer tax 8%

24,000€

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.

Mortgage Calculator

Mortgage Amount:

299,999€

Deposit:

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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.