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Las Orquídeas is an exclusive collection of 42 freehold apartments located on the exclusive La Manga Club Resort. They are ideal for personal use or investment. These modern, light-filled residences afford stunning views of the Mar Menor, and theirSpacious terraces and the community pool let you enjoy the Mediterranean sun to the fullest. These are the last central development of new-build homes at La Manga Club, just a 5-minute walk from all the shops and restaurants. Sports rights are included, and each home include a storage facility.
Property Features
- 2 bedrooms
- 2 bathrooms
- Swimming Pool
- Bars And Restaurants
- Close to medical centre
- Close to sports facilities
- Communal garden
- Close To Town And Amenities
- On golf resort
- Communal pool
- Walking distance to shops, restaurants, ...
- Close to shops, restaurants, ...
- Blinds
- Covered Seating Area
- Covered Terrace
- Landscaped Communal Gardens
- Outside Lighting
- Fitted Wardrobes
- Walk-in Shower
- Air Conditioning
- Double Glazing
- Air Conditioning Central System
- Air Conditioning Hot and Cold
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
26,000€
Final Payment of 90% on completion
261,000€
Property Purchase Expenses
Property price
290,000€
Transfer tax 8%
23,200€
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.