7 bedroom Villa for sale in Torrevieja, Alicante, Spain

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Ref: AG19149493

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Excellent property consisting of:1. MAIN HOME: Entrance hall; Living/Dining Room; Kitchen/Dining Room; Bedroom with en-suite bathroom; 2 Bedrooms; Bathrooms, and Laundry Room.2. GUEST HOUSE: Consisting of a Living/Dining Room; Kitchen/Dining Room with pantry; Entrance Hall; 3 Bedrooms and 2 Bathrooms.3. ATTIC: Kitchen/Dining Room; Bedroom with en-suite bathroom.4. CARETAKER'S HOUSE: Living/Dining Room; Kitchen; Bedroom; Bathroom, and Storage Room.5. LARGE BARBECUE: with summer kitchen, pantry, bathroom, and storage room.6. GARAGE and machine room.7. Garage and storage room with basement.8. LARGE POOL AND SOLARIUM.9. 6,000 m² of vegetable garden and fruit trees.

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Property Features

7 bedrooms
5 bathrooms
726m² Build size
11,353m² Plot size
Fitted wardrobes
Ceramic tiles
Double glazing
Barbeque

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

196,500€

Final Payment of 90% on completion

1,795,500€

Property Purchase Expenses

Property price

1,995,000€

Transfer tax 8%

159,600€

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.

Mortgage Calculator

Mortgage Amount:

1,995,000€

Deposit:

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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.