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Ref: CSPV-75075
Property marketed by Complete Spanish Property
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Situated in the popular urbanisation of Lomas del Golf, we offer this deceptively spacious 3 bedroom, 2 bathroom mid terrace house. It comprises of a large open plan lounge/dining area with fireplace. The open plan kitchen is adjacent. The hall leads down to a bathroom and a ground floor double bedroom. A door opens out to the rear patio garden with an open aspect. Also on this ground floor is a utility area by the stairs which lead up to the first floor. Here you will find a bathroom and two bedrooms, the master having a door onto the south facing balcony. There is also access to a large roof solarium at the rear which enjoys lovely views of open countryside and a distant sea view. The property also benefits from air conditioning, an alarm, and use of the 9 communal swimming pools, the largest of which is adjacent to the house. It is walking distance to Villamartin Plaza and all its amenities, is close to the local bus service and only 10 minutes drive to the nearest beaches. The property is in need of some updating but the size and location make this a well worth investment.
Property Features
- 3 bedrooms
- 2 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,000€
Final Payment of 90% on completion
143,996€
Property Purchase Expenses
Property price
159,995€
Transfer tax 8%
12,800€
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.