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Ref: JBRIDB9093
Property marketed by JMT Spanish Properties
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Stunning 1st floor apartment in Punta Prima. Orihuela Costa just 250 Meters from the wonderful beach. Property is on 1st floor of well maintained building with lift and lovely communal pool and garden area for owners and their guests only. The property has 2 beds , large sunny lounge /dinning room, fitted kitchen and fantastic terrace ideal for entertaining. Walk to all amenities. Book to view with JMT Spanish Properties. Owners have priced this property to sell quickly.
Property Features
- 2 bedrooms
- 2 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,350€
Final Payment of 90% on completion
174,150€
Property Purchase Expenses
Property price
193,500€
Transfer tax 8%
15,480€
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.