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Ref: CT-75798
Property marketed by Vivacosta
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Magnificent Bungalow with spectacular views of the mountains and the sea, is located in a very quiet area and in an environment surrounded by green. The house has 4 double bedrooms, 3 of the bedrooms are located at the bottom of the house, where there is also a small garden with chill out area and a small BBQ, at the top is the living room, Independent kitchen with access to a terrace from where you can enjoy the wonderful views.
Property Features
- 4 bedrooms
- 2 bathrooms
- 160m² Build size
- 100m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
31,900€
Final Payment of 90% on completion
314,100€
Property Purchase Expenses
Property price
349,000€
Transfer tax 8%
27,920€
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.