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Ref: HP8926E
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Large south facing, 3 bedroom villa, under construction, with beautiful SEA VIEW. Situated in a peaceful area of El Tesoro, Moraira. Accommodation, on the ground floor, consists of: entrance hall; 2 double bedrooms, with en-suite bathrooms; fully equipped, open kitchen and utility room; spacious living room, with access to the terrace. On the first floor: master bedroom, with dressing room and en-suite bathroom; further room of 39m2 - both rooms with private terrace, with lovely views of the sea. On the lower level: underground parking space of 55m2 and additional storage space of 39m2. In addition: central heating; air conditioning; double glazing; fitted wardrobes; store room; videophone; alarm. Externally: sun terrace (covered and uncovered); large 10 x 4 swimming pool; low maintenance garden, with automatic irrigation; automatic gate to parking for 4 cars and garage. HP8926E
Property Features
- 3 bedrooms
- 3 bathrooms
- 409m² Build size
- 826m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
135,500€
Final Payment of 90% on completion
1,246,500€
Property Purchase Expenses
Property price
1,385,000€
Transfer tax 8%
110,800€
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.