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Ref: ANB-12100
Property marketed by OLIVIA REAL ESTATE
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NEW RESIDENTIAL IN PILAR DE LA HORADADA Residential with 40 homes with 2 bedrooms and 2 bathrooms in a gated community with a community pool. The ground floor apartments have a private garden and patio while the first floor apartments have a large private solarium. Pilar de la Horadada is located in the south of the province of Alicante, on the Costa Blanca. The town stands out for its strategic location, being less than 2 km from the beach and just 30 minutes from the Corvera-Murcia airport. The area has all kinds of services (shops, restaurants, schools, pharmacies, etc.) ideal for living all year round.
Property Features
- 2 bedrooms
- 2 bathrooms
- 80m² Build size
- 122m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,930€
Final Payment of 90% on completion
179,370€
Property Purchase Expenses
Property price
199,300€
Transfer tax 8%
15,944€
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.