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Ref: AG19145114
Property marketed by Spain Property Shop S.L
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This wonderful independent Villa of 230 square meters on a plot of 500 square meters is located in one of the quietest areas of Elche, just 10 minutes from the center.The house has a very large fully tiled garden surrounded by beautiful garden areas, a large private pool with a Jacuzzi, an outdoor kitchen with barbecue area, a pond, and a covered terrace with direct access to the cozy living room with dining room and a large open plan kitchen fully equipped with breakfast bar, a guest toilet, 3 large bedrooms with fitted wardrobes and 2 full bathrooms.
Property Features
- 3 bedrooms
- 2 bathrooms
- 230m² Build size
- 500m² Plot size
- Swimming Pool
- Fitted wardrobes
- Outdoor kitchen
- Veranda
- Barbeque
- Pool, Private
- Outdoor shower
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
43,500€
Final Payment of 90% on completion
418,500€
Property Purchase Expenses
Property price
465,000€
Transfer tax 8%
37,200€
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.