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Ref: NWM-CAL-NBVCOTOR Substantial New Build Villa (290m2) on 1,250m2 Urban Plot with all mains connections - Excellent Location with Lovely Views - 2 Covered Terraces - Living accomodation all on One Level - Internal Staircase to Large Under-build (105m2) with Garage and Large Bright Area with Windows suitable for extra Living Space - 3 Double Bedrooms (Master with ensuite & Walk in Wardrobe) - Two Bathrooms - Spacious Living Room - Separate Large Fitted Kitchen - Main Structure Completed including pre-stallation of Air Conditioning and Central Heating - Solar Panels - Energy Rating Minimum B - Now ready for buyer to choose Tiles, Kitchen Units, Bathrooms and Paintwork Colours - Can be Ready by February 2026 - €325,000 Euros NOTE: The Photos are of the twin house next door which has recently been sold. There are glimpses of this property in one or two of these images.
Property Features
- 3 bedrooms
- 2 bathrooms
- 290m² Build size
- 1,250m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
29,500€
Final Payment of 90% on completion
292,500€
Property Purchase Expenses
Property price
325,000€
Transfer tax 8%
26,000€
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.