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Ref: ANB-15082
Property marketed by OLIVIA REAL ESTATE
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NEW BUILD LUXURY VILLA IN PUNTA PRIMA Exclusive New Build villa in the prestigious and quiet urbanization of Punta Prima, Orihuela Costa. Villa located 7-minute walk to the beach of Punta Prima. With a constructed area of 422m2 and a 918m2 plot, villa has 5 bedrooms, 5 bathrooms, a large living room-kitchen-dining room, a separate laundry room, 2 terraces on the ground floor and first floor, a large multipurpose area in the semi-basement, a garage for two cars and private pool. It is under construction at 50%, it is possible to sell under construction or completely finished. The final price may vary depending on the level of finishes. In the surroundings you will find a wide range of nice restaurants, cafes, supermarkets, pharmacies and all the amenities you may need. Punta Prima, located just 5 km from Torrevieja, is characterized by good communication and health infrastructures, the proximity to Alicante airport, and the number of services open throughout the year. Just 10 km away we can find the golf courses of Villamartín, Campoamor, Las Ramblas, Las Colinas and Lo Romero, as well as the commercial centres of La Zenia and Habaneras.
Property Features
- 5 bedrooms
- 5 bathrooms
- 422m² Build size
- 918m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
127,000€
Final Payment of 90% on completion
1,170,000€
Property Purchase Expenses
Property price
1,300,000€
Transfer tax 8%
104,000€
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.