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Ref: HP97383
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Huge 5 bedroom villa, situated on a fully enclosed FLAT PLOT, in the Montgo area, with beautiful lawned gardens. Situated just 5 minutes\' WALK to amenities. Accommodation consists of: entrance hallway; guest toilet; spacious dining room; fabulous, fully fitted and equipped kitchen, with central island, laundry room and pantry; bright and spacious lounge, overlooking the garden, with double doors to a 50m2+ L-shaped, covered terrace, which offers wonderful views to the pool and gardens. On the first floor: five bedrooms, one of which is currently used as a studio and another is the master suite, which features large wardrobes and an en suite bathroom, with hydro massage shower. In addition: marble floors and stairs; gas central heating; hot and cold air conditioning; double glazing. Externally: the grounds to the property have a Mediterranean theme, with a variety of palm and fruit trees; large 10 x 5 pool; barbecue area; large covered parking area, for several vehicles, and a garage. and BBQ area. Viewings are highly recommended in order to appreciate the finish and charm of this property.
HP97383
HP97383
Property Features
- 5 bedrooms
- 2 bathrooms
- 414m² Build size
- 1,980m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
82,000€
Final Payment of 90% on completion
765,000€
Property Purchase Expenses
Property price
850,000€
Transfer tax 8%
68,000€
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.