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Ref: ANB-13107
Property marketed by OLIVIA REAL ESTATE
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NEW BUILD APARTMENTS IN ORIHUEL COSTA New Build residential complex of apartments in Los Altos, Orihuela Costa. This complex is made up of 106 apartments with large terraces: 104 apartments with 2 bedrooms and 2 bathrooms 2 penthouses with 3 bedrooms and 2 bathrooms. 9 blocks divided into ground floor, first floor, second floor and penthouses with private solarium terrace. Each one with its individual elevator. The residential complex also has a charming common area with a garden and swimming pool. Los Altos is a great place for holidays and permanent residence. Everything you could possibly need is within easy reach, including commercial centre, supermarkets, banks, dentist etc., all served by a regular bus service. The beaches of Punta Prima is only few minutes drive, which are some of the cleanest around and have been awarded Blue Flag status, are complemented by a wonderful promenade with shops, boutiques, bars and restaurants. Alicante airport only 35 minutes away.
Property Features
- 2 bedrooms
- 2 bathrooms
- 75m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
22,500€
Final Payment of 90% on completion
229,500€
Property Purchase Expenses
Property price
255,000€
Transfer tax 8%
20,400€
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.