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MODELO MORERA Los Altos de Las Palas is located in the Valley of Mingrano, just a few minutes' drive from Las Palas, where all essential services and amenities can be found. This residential area dates back to 2008, although its commercialization was not completed. The complex consists of 58 homes, of which 35 are villas with spacious independent plots and 23 are townhouses, each with open spaces. It stands out for its high-quality construction, including fully equipped kitchens and complete bathrooms. There are several models of homes, all following a rustic style suited to the area's rural character. Its strategic location places it within a 20-minute radius of larger cities like Mazarrón and Cartagena, where you can enjoy fine sandy beaches, large shopping centers, and golf courses. The price for this development starts at €194,000. Price variations depend on the size, number of bedrooms and bathrooms, and plot area.
Property Features
- 3 bedrooms
- 2 bathrooms
- 178m² Build size
- 861m² Plot size
- Swimming Pool
- Laundry
- Terrace
- Home appliances
- Solarium
- Fireplace
- Reinforced door
- Communal swimming pool
- Built-in wardrobes
- Yard
- Blinds
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
28,500€
Final Payment of 90% on completion
283,500€
Property Purchase Expenses
Property price
315,000€
Transfer tax 8%
25,200€
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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