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Ref: HP8992E
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Beautiful south facing, spacious new-build villa in Mayorazgo area of Calpe, under construction and due for completion at the end of 2022. Situated on a slightly sloping plot, just 300m TO THE BEACH. The villa is located near the marina in Calpe, with AMAZING VIEWS over the marina and sea. The marina will be completely renovated in the coming period and will have various drinking and dining options. Constructed over 3 floors, with lift. Accommodation, on the top floor, consists of: fully equipped open-plan kitchen; spacious lounge, with dining area and direct access to spacious partly covered terrace, with swimming pool and beautiful views over the marina and sea; master bedroom, with dressing area and bathroom en-suite; guest toilet. On the ground floor: 3 spacious double bedrooms, all with bathroom en-suite. On the lower level: double garage; recreation room, which can serve as gym or home cinema. In addition: underfloor heating; air conditioning; double glazing; electric shutters; fitted wardrobes. The villa will be delivered with: automatic gate to beautifully landscaped low maintenance Mediterranean gardens, with various seating areas from where you can enjoy the beautiful views; large 10 x 4 pool. HP8992E
Property Features
- 4 bedrooms
- 4 bathrooms
- 390m² Build size
- 862m² 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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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.