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Ref: JJT-18759
Property marketed by OLIVIA REAL ESTATE
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3 bedrooms, 3 full bathrooms, large independent kitchen, gallery, living room, dining room, terrace and two porches.. . Plot of approx 500m. 8x4 pool. Nice built barbecue and garden area with covered artificial grass.. . Garage for 3/4 cars, gym, office and storage room.. . The house is located in a quiet urbanization 2km from the town of Benijófar, which has all the services and the lively area of Ciudad Quesada. It is about 10km from Guardamar and the city of Torrevieja. Easy access to the highway.
Property Features
- 3 bedrooms
- 3 bathrooms
- 500m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
36,500€
Final Payment of 90% on completion
355,500€
Property Purchase Expenses
Property price
395,000€
Transfer tax 8%
31,600€
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.