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Ref: SC4E-59122
Property marketed by David Santiago Inmobiliaria

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Development located on a natural balcony with spectacular sea views. Quiet and well-connected environment with consolidated towns and various beaches. Urbanization with landscaped common spaces and communal pool. It is a project adapted to the topography, with a sustainable concept, consisting of 45 semi-detached single-family homes with 3 bedrooms, southeast, south and southwest orientation and incredible sea views. All of them will have a car park and large terraces. METHOD OF PAYMENT: • Deposit (10,000+VAT): At the time of booking. • Contract (20%+VAT): • Deferred (10%+VAT): in a single payment or divided into monthly instalments from the signing of the contract until the end of the work, scheduled for May 2028. • Delivery (70%+VAT)
Property Features
- 3 bedrooms
- 2 bathrooms
- 111m² Build size
- 197m² Plot size
- Petfriendly : Yes
- Terrace/balcony
- Wardrobe/closet
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
35,800€
Final Payment of 90% on completion
349,200€
Property Purchase Expenses
Property price
388,000€
Transfer tax 10%
38,800€
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.