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Ref: HP97218
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Lovely 4 bedroom villa, UNDER CONSTRUCTION, in Calpe, in a fabulous location and with top quality finishes. The accommodation is designed so that all rooms face the spacious terrace and pool. Accommodation, on the ground floor, consists of: living room, with an open kitchen, with island and bar; master bedroom, with dressing room and bathroom en suite. On the upper level: three bedrooms, with built-in wardrobes and two additional bathrooms. In addition: alarm; aerothermal installation for hot water and underfloor heating; air conditioning; automatic ventilation syste; solar panels; fully equipped bathrooms and kitchen; laundry room, with washing machine; built-in wardrobes; electric shutters; pre-installation of exterior alarm and security cameras. Externally: automatic gates to parking; garden with automatic irrigation; barbecue; swimming pool. HP97218
Property Features
- 4 bedrooms
- 4 bathrooms
- 394m² Build size
- 800m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
100,000€
Final Payment of 90% on completion
927,000€
Property Purchase Expenses
Property price
1,030,000€
Transfer tax 8%
82,400€
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.