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Property marketed by Inmo Investments

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Spacious villa for sale in Los Balcones, Torrevieja, spread over three floors with an elevator connecting the garage to all levels. It features 6 bedrooms, 3 bathrooms, a 33 m² living room with high ceilings and large windows offering beautiful views, a fireplace, an independent kitchen, terrace, and solarium. Set on a 608 m² plot, the property includes a lush garden, BBQ area, private 8x4m pool with LED lighting, and a garage. Built with high-quality materials, it offers air conditioning and gas central heating, located just minutes from the beaches, town centre, and excellent transport links.
Property Features
- 6 bedrooms
- 3 bathrooms
- 286m² Build size
- 608m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
92,000€
Final Payment of 90% on completion
855,000€
Property Purchase Expenses
Property price
950,000€
Transfer tax 8%
76,000€
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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Spanish Property News & Updates by Spain Property Portal.com
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.