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Property marketed by Vivacosta
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We are thrilled to introduce our exclusive new construction projects. Joining this exciting venture is Villas Olivo Phase 2, featuring five modern villas thoughtfully designed with three bedrooms each. These residences are situated on plots of 423 m² in a remarkable location.Villas Olivo offers a blend of modern design and natural beauty, ensuring a luxurious lifestyle for its residents. Each villa, priced at an enticing range of 475,000 €, provides a perfect blend of space, with a surface area of 108 m², ideal for comfortable living.Located in the charming city of Polop, these villas provide a unique opportunity to enjoy the serenity of the surroundings while being connected to the vibrant culture and community. Positioned on Calle Florencia, this location offers a harmonious blend of tranquility and accessibility to local amenities.
Property Features
- 4 bedrooms
- 3 bathrooms
- 217m² Build size
- 432m² Plot size
- Swimming Pool
- Private Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
52,800€
Final Payment of 90% on completion
502,200€
Property Purchase Expenses
Property price
558,000€
Transfer tax 8%
44,640€
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.



















