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Ref: CT-53410
Property marketed by Vivacosta
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Luxury Villa in an urbanization of the picturesque village of Altea la vella, with stunning views of the sea and the Bay of Altea. This house is located at the top of the hill where you can enjoy privacy and views. The villa has a separate house for guests, benefits from a very well maintained garden and beautiful design.
Property Features
- 6 bedrooms
- 4 bathrooms
- 950m² Build size
- 3,000m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
237,000€
Final Payment of 90% on completion
2,160,000€
Property Purchase Expenses
Property price
2,400,000€
Transfer tax 8%
192,000€
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.
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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.