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Ref: PO49056Y
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Charming villa with stunning valley and mountain views for sale in Tormos, located in the heart of the Costa Blanca.The property is distributed over two floors. The ground floor features a spacious garage with room for two cars and an additional room ready to be renovated, offering excellent potential to create a guest apartment, home office, gym, or leisure area.The upper floor comprises a bright living-dining room with fireplace, a fully independent kitchen, a covered terrace ideal for enjoying the open views all year round, three bedrooms, and an additional room currently used as an auxiliary bedroom. The property also benefits from satellite TV, double glazing, and a utility/laundry room.Ideally situated in a მშვიდ and well-connected area, the villa is just a short distance from all essential amenities, including supermarkets and restaurants. The nearest beaches are only 15 minutes away by car. The largest shopping centre in the area is located in Ondara, approximately 10 minutes away, with easy access to the motorway connecting to Valencia and Alicante (around 1 hour).An excellent opportunity as a permanent residence, holiday home, or investment on the Mediterranean coast.
Property Features
- 4 bedrooms
- 2 bathrooms
- 227m² Build size
- 542m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
39,500€
Final Payment of 90% on completion
382,500€
Property Purchase Expenses
Property price
425,000€
Transfer tax 8%
34,000€
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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