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Beautifully furnished and move-in ready Penthouse in one of the most popular urbanisations in Orihuela Costa, Amay Quinto, Punta prima. The flat features a parking space in the underground car park and storage space. It features its own private roof terrace with views of the pool and surrounding area. The property was built in 2015. Consists of 2 nice double bedrooms and 2 bathrooms. Open lounge with fully equipped modern kitchen. The terrace faces south with enough space for a dining table and chairs. Solarium equipped with pergola and sufficient storage space and there is water and electricity.The area offers two large swimming pools, children's playground and large green areas. The centre of Punta Prima is just a few minutes' walk away with most bars, restaurants and supermarkets.Common costs: € 160 / quarter, €70 / quarter for the garage
Cadastral income: € 225/ year
Cadastral income: € 225/ year
Property Features
- 2 bedrooms
- 2 bathrooms
- 70m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
19,900€
Final Payment of 90% on completion
206,100€
Property Purchase Expenses
Property price
229,000€
Transfer tax 8%
18,320€
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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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.