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Ref: AG19149365
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Sea front apartment in Mil Palmeras, Orihuela CostaThe property is distributed in a living room, two bedrooms, two bathrooms and a large terrace of 13m2. The residential has everything you need to incorporate you to live. Latest qualities in the facilities and 2 outdoor swimming pools (one of them for children). Subway parking and private storage room included in the price.The Costa Blanca and its micro climate offer the highest quality of life in Europe. The area of Mil Palmeras is perfectly connected to all services, shopping centers such as Zenia Boulevard and airports of Alicante and Murcia. It is only a few minutes drive from the beaches of La Zenia, Cabo Roig, Campoamor and Pilar de la Horadada.
Property Features
- 2 bedrooms
- 2 bathrooms
- 79m² Build size
- Parking, Underground
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
40,900€
Final Payment of 90% on completion
395,100€
Property Purchase Expenses
Property price
439,000€
Transfer tax 8%
35,120€
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.