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South-facing villa in Altea la Vella with sea (from 1st floor terrace ) and mountain views. Built on a 945 m² plot with 198 m² across two levels, it offers 3 bedrooms, 3 bathrooms, an open-plan kitchen, and a living room with fireplace.
Features include a private swimming pool, landscaped garden, spacious terrace, guest house, garage, storage, and additional parking. Equipped with air conditioning, central heating, double glazing, and a 24-hour security system, the property combines comfort and practicality just 10 minutes from the coast.
Features include a private swimming pool, landscaped garden, spacious terrace, guest house, garage, storage, and additional parking. Equipped with air conditioning, central heating, double glazing, and a 24-hour security system, the property combines comfort and practicality just 10 minutes from the coast.
Property Features
- 3 bedrooms
- 3 bathrooms
- 198m² Build size
- 946m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
74,500€
Final Payment of 90% on completion
697,500€
Property Purchase Expenses
Property price
775,000€
Transfer tax 8%
62,000€
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.