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Ref: 10898
Property marketed by Inmo Investments
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Luxury promotion of new build maisonette style apartments in San Miguel de Salinas. The Bungalows are composed of ground floor apartments with gardens and top floor apartments with roof terraces. All properties offer bright interiors, an open-plan living space with a modern kitchen, 2 spacious bedrooms both with en-suite bathrooms. The modern complex will feature a relaxing central pool area with swimming pool for adults and children, surrounded by lush greenery. Walking distance to the local amenities on San Miguel de Salinas, a popular destination for full time living or holidays with Spanish charm and character and a good mixture of ex/pat communities of many nationalities. 15 minutes drive to the Orihuela Costa and their Blue Flag beaches. Priced here are the ground floor models with garden and porch, from 189,000 euros with a completion forecast for Sept 2025. Contact us today for more information
Property Features
- 2 bedrooms
- 2 bathrooms
- 66m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
15,990€
Final Payment of 90% on completion
170,910€
Property Purchase Expenses
Property price
189,900€
Transfer tax 8%
15,192€
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.