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Ref: DH-p1919
Property marketed by Dreamhomes Spain
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This is a newly built house built to a very high standard.Ground floor with living / dining room, open kitchen, storage room, 2 bedrooms and 1 bathroom. On the first floor is the master bedroom with en-suite bathroom.
The house has a private pool, garage with driveway, and a large landscaped garden and terrace.
The house has a private pool, garage with driveway, and a large landscaped garden and terrace.
Property Features
- 3 bedrooms
- 2 bathrooms
- 155m² Build size
- 500m² Plot size
- Swimming Pool
- Garage
- Balcony
- Private swimming pool
- Central heating oil
- Built in wardrobes
- Open kitchen
- Tiled garden
- Automatic gate
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
49,000€
Final Payment of 90% on completion
468,000€
Property Purchase Expenses
Property price
520,000€
Transfer tax 8%
41,600€
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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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.