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Ref: W-030HY8
Property marketed by Engel & Voelkers Torrevieja - Orihuela
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Exclusive frontline villa with spectacular sea views. Situated on a spacious 1,200 m² plot, this property offers privacy, generous space, and a unique connection with the natural surroundings.The villa, currently under semi-construction, features 380 m² distributed over two levels, with a modern design and open spaces that maximize natural light and panoramic views. The plot includes a large private swimming pool and a parking area with capacity for several vehicles.Its current state allows the future owner to complete the property according to their own taste and needs, transforming it into a unique and fully personalized residence.
Ideal both as an investment and for those dreaming of the privilege of living by the sea in a peaceful and exclusive setting.
Ideal both as an investment and for those dreaming of the privilege of living by the sea in a peaceful and exclusive setting.
Property Features
- 4 bedrooms
- 4 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
272,000€
Final Payment of 90% on completion
2,475,000€
Property Purchase Expenses
Property price
2,750,000€
Transfer tax 8%
220,000€
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.