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Ref: HP97750
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4 bed, 3 bath, south facing, MODERN villa, with VIEWS to the sea and close to the beach and Moraira centre. Accommodation, on the ground floor, consists of: open-plan living/dining area, with access to pool area; kitchen and utility room; 2 bedrooms (1 en-suite); bathroom. On the upper level: master bedroom, plus an extra large bedroom (both en-suite); terrace, accessed via the master bedroom. In addition: hot/cold air conditioning; underfloor heating. Externally: low maintenance garden, with automatic irrigation; summer kitchen; large 10 x 4 pool; off-road gated parking. HP97750
Property Features
- 4 bedrooms
- 3 bathrooms
- 211m² Build size
- 800m² Plot size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
124,500€
Final Payment of 90% on completion
1,147,500€
Property Purchase Expenses
Property price
1,275,000€
Transfer tax 8%
102,000€
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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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.