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Mediterranean Villa on 800 m² Plot – Las Filipinas, Orihuela Costa.
Spacious traditional-style villa located in a quiet residential area, close to the Campoamor and Villamartín golf courses. Large plot, private pool, and plenty of space for the whole family.
Key Features:
• 800 m² plot
• 250 m² built
• 6 bedrooms
• 3 bathrooms + 1 guest toilet
• Kitchen with dining area
• Living room with fireplace
• Air conditioning
• Storage room
• Private swimming pool
• Fully furnished
• South facing
• Year of construction: 1980
Spacious traditional-style villa located in a quiet residential area, close to the Campoamor and Villamartín golf courses. Large plot, private pool, and plenty of space for the whole family.
Key Features:
• 800 m² plot
• 250 m² built
• 6 bedrooms
• 3 bathrooms + 1 guest toilet
• Kitchen with dining area
• Living room with fireplace
• Air conditioning
• Storage room
• Private swimming pool
• Fully furnished
• South facing
• Year of construction: 1980
Property Features
- 6 bedrooms
- 4 bathrooms
- 250m² Build size
- 800m² Plot size
- Swimming Pool
- Parking
- Terrace
- Furnished
- Cocina Independiente
- Electrodomesticos
- Trastero
- Chimenea
- Aire Acondicionado
- Pool
- Key Ready
- Parking type: Parking
- Pool type: Private
- Exterior
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
42,000€
Final Payment of 90% on completion
405,000€
Property Purchase Expenses
Property price
450,000€
Transfer tax 8%
36,000€
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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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.