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Ref: ANB-18092
Property marketed by OLIVIA REAL ESTATE
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NEW BUILD RESIDENTIAL COMPLEX IN VILLAMARTIN New Build residential complex of 112 very cozy properties with 2 bedrooms and 2 bathrooms, of approximately 72m2 built, with modern distribution and with a large terraces. All properties are very well oriented, receiving light and heat from the sun throughout the year. Residential consist of the ground floors with private garden, apartments with terraces and exclusive top floor penthouses with private solariums. Common areas have a big swimming pool and a jacuzzi, large garden areas with a playground and an exercise area. Residential located near the two most well known golf clubs in the area and very close to all services. The golden Orihuela Costa beaches are just 5 minutes drive away as is the new Zenia Boulevard shopping Mall (largest shopping mall in Alicante province with the biggest Primark clothing store in Europe). There are 3 other golf courses all within 5 minutes drive. There are tennis courts [amp;] tennis coaching available at the nearby Campoamor hotel. Alicante [amp;] Murcia airports are 45 minutes drive away.
Property Features
- 2 bedrooms
- 2 bathrooms
- 72m² Build size
- 36m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
19,000€
Final Payment of 90% on completion
198,000€
Property Purchase Expenses
Property price
220,000€
Transfer tax 8%
17,600€
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.