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Property marketed by The Property Group
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We present at the Costa Blanca Alicante a detached Villa in Montepinar Orihuela! This luxury vila have 4 wide bedrooms , one principal as suite with private bathroom! the big livingroom have panaromic windows with entrance to a large terrace with unbelievable views! Downstairs there is a climate swimmingpool and a jacuzzi with bathroom and dressingroom! Also a closed garage and a elevator! Outside there is a garden and with BBQ, and a swimmingpool!
Property Features
- 4 bedrooms
- 2 bathrooms
- 500m² Build size
- 1,850m² Plot size
- Air Conditioning: Yes
- Balcony
- Built in wardrobes
- Dishwasher
- En-suite bathroom
- Garage
- Laundry room
- Microwave
- Oven
- Private swimming pool
- Storage Room
- Terrace
- Underbuild
- Washing Machine
- WiFi
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
49,500€
Final Payment of 90% on completion
472,500€
Property Purchase Expenses
Property price
525,000€
Transfer tax 8%
42,000€
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.