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Ref: NEW-EF-0115
Property marketed by Goldhouse Inmobiliaria Real Estate SL
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New project of luxury villas in La Herrada, Los Montesinos, very quiet, but still in walking distance to amenities, bar and restaurants, and only 3 minutes to the vivid centre of the village of Los Montesinos. Sea and beaches are only 10 minutes drive, 5 minutes to reach golf courses. The villas come with 3 bedrooms, 2 bathrooms, a guest toilet and an open living / dining / kitchen area. There is a lot of outside space with garden and terraces on the ground floor and the first floor. Included in the price are a private pool with outdoor shower, installed airco, automatic shutters, kitchen appliances and parking space on the plot. ref:NEW-EF-0115
Property Features
- 3 bedrooms
- 3 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
41,500€
Final Payment of 90% on completion
400,500€
Property Purchase Expenses
Property price
445,000€
Transfer tax 8%
35,600€
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.







