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Ref: ANB-16261
Property marketed by OLIVIA REAL ESTATE
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NEW BUILD APARTMENTS IN LAS FILIPINAS New Build Residential complex in Las Filipinas. The gated community has a total of 94 apartments of 2 and 3 bedrooms and 1 or 2 bathrooms. Open plan kitchen with living room annd terraces. The communal areas are roughly 3.300 m2 big and 2 pools, jacuzzi and 2 boule courts. W-Fi will be available in all communal areas. This residential located in the area of Villamartin Golf (Orihuela Costa), and is designed to fulfil the needs of those who are looking for the Mediterranean lifestyle, in a quiet are in a quiet but well established area and yet close to the sea (8 minutes) and very close to all amenities. Complex located 40 minutes from Alicante airport and 1 hour Murcia - Corvera airport.
Property Features
- 2 bedrooms
- 1 bathroom
- 72m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
20,400€
Final Payment of 90% on completion
210,600€
Property Purchase Expenses
Property price
234,000€
Transfer tax 8%
18,720€
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.