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Property marketed by JMT Spanish Properties

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Beautiful house in exclusive area of San Juan (Alicante) The house has 150m2, 3 bedrooms, 2 bathrooms, living room, central heating and 15m2 terrace. It has 720m2 of fenced plot, swimming pool (to reform), barbecue with bathroom and kitchen independent of the house and garden. The location of the house is 1 minute from the beach, 3 minutes from the city and 15 minutes from the airport. If you have any questions, contact us.
Property Features
- 3 bedrooms
- 3 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
76,900€
Final Payment of 90% on completion
719,100€
Property Purchase Expenses
Property price
799,000€
Transfer tax 8%
63,920€
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.