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Ref: MI-58723
Property marketed by Vivacosta
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Modern villa with sea views and private guest apartment. Situated on an elevated plot with panoramic views. The property features a waterfall pool, landscaped garden, and multiple terraces. Ground floor: open-plan living room, kitchen, guest bedroom, 2 bathrooms. First floor: 2 en-suite bedrooms with terrace access. Lower floor: independent guest apartment with bathroom and storeroom. Built with high-end materials. Modern design with double-height ceilings and large windows throughout.
Property Features
- 4 bedrooms
- 4 bathrooms
- 451m² Build size
- 800m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
152,000€
Final Payment of 90% on completion
1,395,000€
Property Purchase Expenses
Property price
1,550,000€
Transfer tax 8%
124,000€
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.