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???? One of the most prestigious areas of the Costa Blanca! ? Property description: Charming villa with a spacious terrace, garden and heated pool – perfect for year-round living and relaxation ? Built area: 170 m² ? Plot size: 600 m² ? 3 bedrooms ? 2 bathrooms with underfloor heating ? Walk-in wardrobe ? Office ? Laundry room ? Storage room ? Heated swimming pool ? Extra room – ideal as a summer kitchen or independent guest bedroom ? Parking for 3 cars ???? Year built: 2014 ???? IBI tax: €550/year ???? Just 6 km from the beach ???? Sold furnished, with appliances and air conditioning
Property Features
- 3 bedrooms
- 2 bathrooms
- 170m² Build size
- 600m² Plot size
- Double Bedrooms: 2
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
51,000€
Final Payment of 90% on completion
486,000€
Property Purchase Expenses
Property price
540,000€
Transfer tax 8%
43,200€
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.