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Firstly this is This is an innovation 14 Property hence only suitable for a cash purchase, being sold at an exceptional price (approx. 110K Euros below market value/sales price of similar registered villas in this location) to reflect fact that deeds are not currently available or have been registered. This is in process, the AFO has been prepared/approved and a sizeable chunk of costs required for full legality are included in sales price. There are a number of ways that the property can be legalised/registered and a couple of these are very tax efficient but although it can be done a time for the procedure can't be fixed and could take up to 3 years in worse case scenario) We have a full explanations and details of ways deeds/registration can be done at our offices and would be delighted discuss this either via an appointment or by via a pre booked phone call.
The villa, always a 2nd home, has been successfully rented out for 5 years but ill health of owner forces need for a quick sale.
Please watch the recently filmed accompanying walk around video to appreciate presentation, layout and spec.
the villa which is located in the Los Torres Community, as you can see beautifully presented, within walking of two popular bar/eateries is a
The villa, constructed over a single level affords approx.120 m² of living space and sits within wonderful, low-maintenance gardens of approx. 620 m² that offer fantastic views. It's Just a 6-minute drive
Property Features
- View Video Tour
- 3 bedrooms
- 2 bathrooms
- 120m² Build size
- 630m² Plot size
- Private Pool
Costing Breakdown
* 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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Mortgage Result
* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.
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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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