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Ref: EFML3019X
Property marketed by España Dream Properties

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Unique opportunity in Altea La Vella close to Altea Golf Club.This villa sits on an 850 m² plot and offers 190 m² of constructed space with sea and mountain views, a private swimming pool and a garage. The layout includes four bedrooms and four bathrooms and the house will be fully renovated and finished to a high standard. The builder is inviting the new owner to choose final fixtures and finishes so you can put your own stamp on the property.The current price of €705,000 reflects the status before completion. Once renovated and finished the property would be expected to reach a market value in the region of €795,000 to €800,000, but the price and any modifications can be agreed now with the builder.This is a great chance for someone who wants a modern finished home without the wait of a new build and who values the ability to make finishing decisions. Contact us for more information or to arrange a viewing.
Property Features
- 4 bedrooms
- 4 bathrooms
- 190m² Build size
- 850m² Plot size
- Garage
- Laundry room
- Terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
67,500€
Final Payment of 90% on completion
634,500€
Property Purchase Expenses
Property price
705,000€
Transfer tax 8%
56,400€
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.