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Newly built luxury villa in the quiet and prestigious area of Punta Prima, Orihuela Costa. Just a 7-minute walk from Punta Prima beach, this villa features 5 bedrooms, 5 bathrooms, a spacious living-dining area with kitchen, a separate laundry room, and 2 terraces. Additional amenities include a large multipurpose area in the semi-basement, a garage for two cars, and a private pool. The villa is currently 50% complete, with options to purchase either as-is or fully finished; final pricing will vary based on finishes. Nearby, you will find a range of restaurants, cafes, supermarkets, and other essential services. Punta Prima offers good connectivity, health infrastructure, and is just 5 km from Torrevieja and 10 km from several golf courses and shopping centers
Property Features
- 5 bedrooms
- 5 bathrooms
- 422m² Build size
- 918m² Plot size
- Swimming Pool
- Garden
- Private pool
- Terrace
- Air conditioning
- Quality build
- Balcony
- Walking Distance to Amenities
- Built-in Wardrobes
- Walking Distance to Beach
Costing Breakdown
* 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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Mortgage Result
* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.
Spanish Property News & Updates by Spain Property Portal.com
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.