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Ref: AG19MLSC8310435
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Modern, almost new villa in Formentera del Segura, a charming village in the south of the Costa Blanca known for its peaceful atmosphere, proximity to the beaches of Guardamar, and good access to services and leisure areas. The house features a private pool and parking within the plot with a motorized garage door, three bedrooms, two bathrooms, and a guest toilet, built-in wardrobes for great convenience, and a bright living-dining area perfect for enjoying time with family or friends. Its contemporary design and spacious layout make this property ideal for both year-round living and holidays.Year tax (Suma) is 417,29 euro/year.
Property Features
- 3 bedrooms
- 2 bathrooms
- 150m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
31,590€
Final Payment of 90% on completion
311,310€
Property Purchase Expenses
Property price
345,900€
Transfer tax 8%
27,672€
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.













