VENTA URGENTE | LA MATA – A 2 MIN DEL MAR

As a resale in the Valencian Community, this purchase carries ITP transfer tax at 9% of the purchase price, rising to 11% on the entire value above €1,000,000. Note that tax is charged on the higher of the price paid and the property's official reference value, so treat any figure based on the asking price as a minimum. Reduced rates and local allowances may apply if you meet the region's conditions — for example age, large-family or disability status, or buying a primary residence — and it is worth checking before you budget. On top of ITP, allow for notary fees of approximately EUR 600–1,200, land registry fees of approximately EUR 400–800, and legal fees typically around 1% of the purchase price plus VAT.

Non-resident buyers can typically borrow up to 60–70% of the purchase price from Spanish lenders, meaning a deposit of 30–40% is generally required. Current variable and fixed mortgage rates from Spanish banks range roughly between 3.5% and 4.5% per annum, though rates vary by lender and applicant profile. A mortgage broker familiar with the Spanish market can help you compare options before you make an offer.

The estimated annual IBI (local property tax) is EUR 390 and estimated community fees are EUR 40 per month. Both figures are estimates. There is no basura (refuse collection) annual charge recorded for this property; buyers should confirm with the local council. Utility costs for water and electricity will depend on usage and season.

Yes. OceanHome can arrange a live video viewing at a time that suits you, allowing you to walk through the property with one of our agents on screen. A selection of 38 photographs is also available in the listing gallery. Contact us to schedule either a video viewing or an in-person appointment.

La Mata Pueblo sits within the Torrevieja tourist area, which sees strong demand for short-term holiday lets from late spring through to early autumn. Properties close to Playa de La Mata and the village centre tend to let well during peak months. You will need a tourist rental licence from the Valencian Community authorities before advertising the property for short-term lets; our team can point you to the relevant process.

First, obtain an NIE (Número de Identificación de Extranjero), which is required for any property transaction in Spain. Once you have agreed a price, a reservation contract and deposit (typically EUR 3,000–6,000) takes the property off the market. This is followed by a private purchase contract (arras), at which point around 10% of the agreed price is paid. The sale completes before a notary, at which point the remaining balance and all taxes and fees are settled. The process typically takes 6–12 weeks from reservation to completion.