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Property marketed by In Sun Properties Spain S.L
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FABULOUS NEW BUILD APARTMENT, PENTHOUSE, IN PLAYA FLAMENCA only 500m from the sea.
This 98m2 penthouse apartment consists of 3 bedrooms, 2 bathrooms and has both a private 39m2 terrace, 81m2 solarium with a storage room and parking space including in the price.
Built by a well established developer that is proud to offer this just released new residential complex just 500m away from sea in the popular area of Playa Flamenca in Orihuela Costa.
This residential has nice comunal pools, jacuzzis and lovely common gardens. All services like supermarkets, bars and restaurants, etc are within walking distance in a very central spot at Orihuela Costa.
The Zenia Boulevard shopping center is 1km away and there are several golf courses like Villamartin, Campoamor within 5 km from this residential making it the ideal location for your holidays or permanent living.
Nearest Airports - Alicante Airport and Murcia (Corvera) Airport only 40 minutes drive.
Property Features
- 3 bedrooms
- 2 bathrooms
- 98m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
56,500€
Final Payment of 90% on completion
535,500€
Property Purchase Expenses
Property price
595,000€
Transfer tax 8%
47,600€
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.