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Property marketed by The Property Group
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Enjoy the Mediterranean charm in this spectacular Villa in Cumbre del Sol! A beautiful traditional-style Villa, with a magnificent complete renovation in 2024, featuring a contemporary style, in the exclusive urbanization of Cumbre del Sol This lovely Villa is spread over two floors; on the upper floor, we have two double bedrooms, each with en suite bathrooms, a spacious and bright living-dining room with an open, fully equipped kitchen and access to a lovely terrace with a Jacuzzi and magnificent views of the Mediterranean On the ground floor, we find a large bedroom and a full bathroom, as well as another living-dining room and a service kitchen that supplies the pool area Outside, we have a low-maintenance garden, two storage rooms, a great swimming pool to cool off in the summer, with a terrace ideal for enjoying the sun and another chill-out style terrace, perfect for relaxing and enjoying dinners or meals in the summer The entire villa is equipped with double glazed windows that let in plenty of light, air conditioning (hot/cold) and thermal and acoustic insulation in all walls and ceilings
Property Features
- 3 bedrooms
- 3 bathrooms
- 446m² Build size
- 956m² Plot size
- Entrance Hall
- barbacue
- doble glazing
- heating aIRCONDITIONED
- near the beach
- open terrace
- orientation: Sur
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
106,000€
Final Payment of 90% on completion
981,000€
Property Purchase Expenses
Property price
1,090,000€
Transfer tax 8%
87,200€
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.