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Nestled in La Marina del Pinet (Elche, southern Alicante), this stunning contemporary-style villa was built in 2016 on an expansive 10,600 m² plot, offering absolute tranquility and privacy. With optimal sun exposure throughout the day, it boasts 360° panoramic views of the countryside and surrounding mountains.~~Its strategic location ensures excellent connectivity: just 5 km from the beach, 3 km from La Marina village, 20 km from Elche and Torrevieja, and 25 km from Alicante Airport.~~
Property Features
- 5 bedrooms
- 4 bathrooms
- 506m² Build size
- 10,602m² Plot size
- Swimming Pool
- Barbecue
- Storeroom
- Jacuzzi
- Alarm
- garden
- Furniture
- Appliances
- Pool Own
- Air-Conditioning
- Garage
- Elevator
- Wardrobes cupboard
- Armored Door
- Laundry
- Water Deposit
- T. V.
- Terrace
- Balcon
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
96,000€
Final Payment of 90% on completion
891,000€
Property Purchase Expenses
Property price
990,000€
Transfer tax 8%
79,200€
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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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.























