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Ref: HP97510
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Lovely finca, in idyllic location, with STUNNING VIEWS over countryside, to the mountains and sea. Situated within WALKING DISTANCE of supermarket and shops, and just a short drive to Moraira beach and town centre. Accommodation, in the main living area and upper floor of the property, consists of: large south-east facing terrace, overlooking the mountains and some sea views; living room, with a wood-burning fireplace; open kitchen, with small dining room; small terrace, to the north-west, with beautiful mountain views. On the ground floor: 2 double bedrooms; bathroom, one with access to the garden. A wood-burning fireplace heats the bedroom area. Externally: 60m2 garage; 30m2 storage room (this area gives the possibility of expanding the living area); 30m2 machine room for electricity, by solar panels; fenced gardens; fruit trees; lovely vineyard. In addition: double glazing; panel electricity; water cistern; septic tank. HP97510
Property Features
- 2 bedrooms
- 1 bathroom
- 120m² Build size
- 5,100m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
31,800€
Final Payment of 90% on completion
313,200€
Property Purchase Expenses
Property price
348,000€
Transfer tax 8%
27,840€
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.