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Montgo Denia - Detached villa in good condition with a private plot of 900m2. 8x4 pool, covered terrace and open terraces, parking area, gardens and excellent location in the Calafat area of Montgo.Independent apartment with own access. Built in 2005 and South East facing so lots of lovely winter sun.
Property Features
- 6 bedrooms
- 3 bathrooms
- 336m² Build size
- 900m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
65,000€
Final Payment of 90% on completion
612,000€
Property Purchase Expenses
Property price
680,000€
Transfer tax 8%
54,400€
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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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.