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Charming Mediterranean Estate (2002) – Peace & Potential in Alicante Discover this spacious Mediterranean-style villa set in a tranquil residential area, perfectly blending rural serenity with excellent connectivity Key Features: Expansive Living: 226 m2 over two floors, featuring 6 bedrooms (3 on the ground floor), 2 bathrooms, and a separate guest toilet Bright Interiors: Living-dining area with direct terrace access and pre-installation for a fireplace Stunning Grounds: A massive 2,000 m2 plot boasting ancient olive trees, an electric gate, BBQ area, and a pool (ready for renovation) Prime Location: Only 15 minutes from Costa Blanca's beaches and close to all essential services in Albatera Your Opportunity: While the home requires some aesthetic updates (paint, cleaning, and kitchen styling), it offers incredible potential to become a high-value dream estate Buy with Confidence: This property is fully legalized, guaranteeing a secure purchase and a seamless ownership transfer
Property Features
- 6 bedrooms
- 2 bathrooms
- 226m² Build size
- 1,900m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
25,000€
Final Payment of 90% on completion
252,000€
Property Purchase Expenses
Property price
280,000€
Transfer tax 8%
22,400€
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.























