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Exclusive villas in Bay View, Polop – From €535,000Introducing villas 26E, 28E, and 31E, located in the prestigious Bay View residence in Polop, a quiet and well-connected area, ideal for those seeking quality of life on the Costa Blanca.These modern, contemporary-style villas offer:3 bedrooms2 full bathrooms + 1 toiletPrivate garden of 11.79 m²Private poolGround floor terrace of 60 m²Upper floor terrace of 10.19 m²Located just five minutes from the center of Polop, with all the necessary amenities at your fingertips, and a short distance from the best beaches on the Costa Blanca, these properties combine comfort, privacy, and a privileged location.With a functional design, spacious rooms, and excellent natural light, they are an excellent option both as a primary residence and as a vacation investment.Price: from €535,000
Property Features
- 3 bedrooms
- 3 bathrooms
- 197m² Build size
- 112m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
61,500€
Final Payment of 90% on completion
580,500€
Property Purchase Expenses
Property price
645,000€
Transfer tax 8%
51,600€
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.