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Ref: AM-69004
Property marketed by Vivacosta
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Brand new apartments and townhouses in a privileged area by the sea, on the beachfront between Villajoyosa and Benidorm. This development consists of dwellings of 3 bedrooms and 2, 3 or 4 bathrooms with large terraces, top quality finishes and sea views, in a complex located in a quiet area by the sea with large garden areas, children’s play park, spa, chillout area, outdoor gym and two swimming pools. They will be fitted with central air-conditioning (Hot and cold), underfloor heating in the bathrooms, fully fitted kitchen, design bathrooms with wall mounted sanitaries and units.
Property Features
- 3 bedrooms
- 3 bathrooms
- 205m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
47,500€
Final Payment of 90% on completion
454,500€
Property Purchase Expenses
Property price
505,000€
Transfer tax 8%
40,400€
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.