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Property marketed by The Property Group
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This exceptional 5 Bedroom 3 Bathroom Villa in Ciudad de las Comunicaciones, San Miguel de Salinas is set on a generous 967m² plot with a 163m² build The property boasts some of the most breathtaking panoramic views over the Torrevieja salt lakesInside, you'll find a large open-plan living room and dining area, both designed to make the most of the stunning views The garden offers huge potential with plenty of space to be landscaped and the option to install a large private pool The plot is uniquely positioned, bordering two different streets on the south-west and north-east sides, with a footpath running along the side of the propertyIdeally located, it's just a 15-minute drive to the beautiful white-sand beaches of Mil Palmeras, Campoamor, and La Zenia, and only 5 minutes to the town centre of San Miguel de Salinas, where you'll find all essential amenities including nurseries, schools, bars, restaurants, supermarkets, and the town hallAn excellent opportunity to create a dream home in a peaceful, well-connected location with everything you need close by
Property Features
- 5 bedrooms
- 3 bathrooms
- 163m² Build size
- 967m² Plot size
- Air conditioning
- Street parking
- Fireplace
- Garage
- Jacuzzi
- Mountain views
- Near schools
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
57,000€
Final Payment of 90% on completion
539,999€
Property Purchase Expenses
Property price
599,999€
Transfer tax 8%
48,000€
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.