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Ref: HP88166E
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Wonderful modern villa, UNDER CONSTRUCTION - one of two almost identical homes, both of which will be completed in a few months. The villa is located within WALKING DISTANCE of the beach of Calpe, in the Ortenbach area. Accommodation, on the ground floor, consists of: spacious open plan lounge, with dining area; modern, open kitchen; guest toilet; laundry room; double bedroom, with bathroom en suite. On the first floor: 2 double bedrooms; bathroom; master bedroom, with dressing room and bathroom en suite. Externally: spacious, partly covered terrace; swimming pool; maintenance-friendly Mediterranean garden. HP88166E
Additional Specifications:
Air conditioning
Automatic gate
Balcony
Double glazing
Electric shutters
Fitted wardrobes
Garage
Storage room
Additional Specifications:
Air conditioning
Automatic gate
Balcony
Double glazing
Electric shutters
Fitted wardrobes
Garage
Storage room
Property Features
- 4 bedrooms
- 3 bathrooms
- 239m² Build size
- 803m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
110,000€
Final Payment of 90% on completion
1,017,000€
Property Purchase Expenses
Property price
1,130,000€
Transfer tax 8%
90,400€
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.