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Ref: AG19145167
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Independent chalet in a quiet residential area in Villamartin. The house has a private garden with space for a car. From the glazed front porch you enter the living room which has an open kitchen. Two bedrooms and a bathroom with a shower.
IBI approx 250€/year
IBI approx 250€/year
Property Features
- 2 bedrooms
- 1 bathroom
- 55m² Build size
- Aircondition, Split system
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,900€
Final Payment of 90% on completion
125,100€
Property Purchase Expenses
Property price
139,000€
Transfer tax 8%
11,120€
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.