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Ref: AG19146091
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APARTMENT IN ORIHUELA COSTA!. Modern apartment in a new, secure residential building with an open-plan kitchen and living room, two bedrooms, two bathrooms, a large terrace, and beautiful common areas in Los Altos. The apartment has an underground garage and storage room, which you can reach using the lift. Enjoy this lovely gated community with beautiful green areas, a swimming pool and a playground. Bus stops, local shops and restaurants are within walking distance. Los Altos in Orihuela Costa is well-communicated by public transport and is located just south of Torrevieja on the Costa Blanca in Spain. Los Altos is also located just 10 minutes from the award-winning beaches of Orihuela Costa, the largest shopping centre, La Zenia Boulevard or the well-known Villamartín golf course. Los Altos is located between the capitals of the provinces of Alicante and Murcia. Los Altos is 45 minutes from Alicante Airport and 50 minutes from Corvera Airport in Murcia.
Property Features
- 2 bedrooms
- 2 bathrooms
- 75m² Build size
- Utility room
- Garden
- Veranda
- Aircondition, Split system
- Parking, Garage
- Elevator
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
20,900€
Final Payment of 90% on completion
215,100€
Property Purchase Expenses
Property price
239,000€
Transfer tax 8%
19,120€
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.