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Ref: SV2170
Property marketed by Signature Villas SL
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Newly renovated apartment with patio for sale in Orba. It is located in a very good area in the center of town. The apartment is distributed in living / dining room, open kitchen, storage room, patio, laundry, 3 bedrooms and two bathrooms. The property is very close to all services such as Supermarket and Restaurants. The nearest beaches are 20 minutes away. The largest shopping center in the area is in Ondara less than 20 minutes by car, as well as the highway to Valencia (1h) and Alicante (1h).
Property Features
- 3 bedrooms
- 2 bathrooms
- 99m² Build size
- Near Beach
- Close To Golf
- newly built
- close to all amenities
- double glazing
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,400€
Final Payment of 90% on completion
129,600€
Property Purchase Expenses
Property price
144,000€
Transfer tax 8%
11,520€
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.