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Ref: ORE1466
Property marketed by OLIVIA REAL ESTATE
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We are delighted to present this fantastic town house, located in the popular town of Los Montesinos.
This large property is all on one level and is comprised of 2 lounges, three bedrooms, a separate kitchen, a family bathroom and garage.
From the second lounge there is a rear door which takes you out to a huge private courtyard where there is plenty of space for sunbathing, outdoor dining and entertaining or a pool should you require.
Overall, a fantastic property!
This large property is all on one level and is comprised of 2 lounges, three bedrooms, a separate kitchen, a family bathroom and garage.
From the second lounge there is a rear door which takes you out to a huge private courtyard where there is plenty of space for sunbathing, outdoor dining and entertaining or a pool should you require.
Overall, a fantastic property!
Property Features
- 3 bedrooms
- 1 bathroom
- 180m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
15,000€
Final Payment of 90% on completion
162,000€
Property Purchase Expenses
Property price
180,000€
Transfer tax 8%
14,400€
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.