And we are confident that this small development of eight three bedroom villas with superb sea views and private infinty pools are unbeatable value. Stunning architect design and building quality from experienced Belgium developers.
Contact Jet2Let Property now for a viewing trip as soon as possile as three are now sold.
Summary
Ground floor
First floor
Excellent investment
Prices: 295 000 € / 315 000 €.depending on location.
Property Transfer Tax
This is now known as IMT
For clients buying a holiday home, this table applies :
|
Value of Property |
Rate to apply | Deduction |
| Up to €85,500 | 1% | Nil |
| €85,500 - €117,200 | 2% | €855 |
| €117,200 - €159,800 | 5% | €4,371 |
| €159,800 - €266,400 | 7% | €7,567 |
| €266,400 - €532,700 | 8% | €10,231 |
| Over €532,700 | 6% | Nil |
* For example, if the purchase price is €150,000, the formula is: €150,000 x 5% = €7,500 less €4,371 = €3,129
Stamp Duty
This must also be paid by the buyer on all deeds, contracts and financial transactions.For real property, this is assessed at 0.8%.
Legal fees
These are usually between 1% and 1.5% of the purchase price, plus IVA at 21% (the equivalent of VAT). We can of course recommend an independent lawyer to you
Property Tax - (IMI).
General rates are payable annually and are assessed by the local authority .As a guideline your annual property tax may be levied at up to 0.72% of the market value.
Non-Residents and Fiscal Representation.
You
will need to apply for a fiscal number (número de contribuinte) from
the local Tax Office (Finanças). This is a tax number, in the form of a
card, and is required to open a bank account and pay the rates and
utilities on the property
Jet2Let Property Ltd are full memebers of AIPP