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Ref: HP8898E
Property marketed by Hot Property Spain
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This modern luxurious villa is already under construction and will be ready by mid-2021. The house is located in the green area of the Benissa coast, within WALKING DISTANCE of the beach, and has a BREATHTAKING VIEW over the sea because of its location. The villa is spread over 3 floors. On the ground floor there is a spacious lounge with dining area, a fully equipped modern kitchen, a guest toilet and a double bedroom with bathroom en suite, which has direct access to the terrace with swimming pool. On the first floor there are 2 double bedrooms, with bathroom en suite and the master bedroom, with bathroom en suite and dressing area. On the ground floor, next to the entrance to the garage which is suitable for 2 cars, there is a heated indoor swimming pool, a bathroom, a gym, a laundry room and a Jacuzzi. The villa will be provided with a low maintenance Mediterranean garden with various seating areas. HP8898E
Property Features
- 4 bedrooms
- 5 bathrooms
- 490m² Build size
- 976m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
196,500€
Final Payment of 90% on completion
1,795,500€
Property Purchase Expenses
Property price
1,995,000€
Transfer tax 8%
159,600€
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.