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Ref: EFML9091S
Property marketed by España Dream Properties

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Lagoons Village by TM is located in a magnificent natural setting, between Lagunas de La Mata Natural Park and Laguna Rosa in Torrevieja. The first development, Laguna Rosa, will feature 240 homes of different types, including apartments, bungalows, 1-, 2-, and 3-bedroom semi-detached and detached villas with 1, 2 and 3 bathrooms. Ground floor apartments and bungalows will have a garden whilst those on the top floor will have a solarium. All homes will benefit from natural light and spacious rooms. The villas also have large gardens with the option of a private pool. All homes will have external and/or basement parking and a storage room, depending on the type of home.More than 15,200 square metres of communal areas are ideal for a healthy lifestyle. The communal areas include 2 adult pool, 2 children&39;s pool, 2 heated jacuzzi, children&39;s play area, boules courts and green garden areas with fragrant plants, palm trees, lakes, fountains, and paths. Most of the homes are south-east and south-west facing, and some bungalows are north-west facing. The aim is to offer a life by the sea and the lagoons
Property Features
- 0 bedrooms
- 0 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
31,830€
Final Payment of 90% on completion
313,470€
Property Purchase Expenses
Property price
348,300€
Transfer tax 8%
27,864€
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.