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Ref: MI-38642
Property marketed by Vivacosta
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Villa located on a large flat plot on the highest street of Benimeit. The property requires updates but offers great potential. Features include spacious bedrooms, unique bathrooms, a high-ceiling living room with gallery, separate dining room next to a fully equipped kitchen, large winter garden, multiple terraces, and a pool with a distinctive shape. Additional amenities include parking space, covered terrace, garden with fishpond, sauna, wooden garden shed, central heating, and air conditioning. The villa offers panoramic sea views and good privacy.
Property Features
- 3 bedrooms
- 2 bathrooms
- 300m² Build size
- 1,615m² 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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Spanish Property News & Updates by Spain Property Portal.com
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.