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Ref: HP88350E
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Village townhouse, situated between the centre of Javea and the harbour, with large garage and storage area. The property is located on a corner and is divided over 3 floors. The living area, on the ground floor, consists of: living room; kitchen; 3 bedrooms; bathroom; large entrance hall; office, with private entrance from the street, Avenida Juan Carlos I, ideal for commercial use. On the upper floor: 4th bedroom, with access to a large roof terrace of 80m2. On a lower level: large garage, with storage area of 100m2, and access from the street, Calle Historiador Chabas. Because the property has a commercial classification it is allowed to build 4 more floors, which makes it an interesting investment for a bed and breakfast or aparthotel. HP88350E
Property Features
- 3 bedrooms
- 1 bathroom
- 216m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
20,500€
Final Payment of 90% on completion
211,500€
Property Purchase Expenses
Property price
235,000€
Transfer tax 8%
18,800€
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.