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Ref: M273372
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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This finca offers many possibilities, is very spacious and located in a quiet area. Can possibly be converted to B & B.Large domain with very large swimming pool, jacuzzi, BBQ, paddock with stables, sports facilities, in short, very functional and suitable for many purposes.7 bedrooms, 3 bathrooms, 3 lounges, fully equipped kitchen, garage, storage space, large terraces, etc.Equipped with heating and air conditioning.Furnished!Located near the historic town of Orihuela, about 30 km from the beautiful beaches of Guardamar, 45 km from Torrevieja and 30 minutes from Alicante airport.Contact us for more information or viewing.
Property Features
- 7 bedrooms
- 3 bathrooms
- 350m² Build size
- 8,000m² Plot size
- Solarium
- air conditioning
- Garden
- chimney
- fitness
- X
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
44,500€
Final Payment of 90% on completion
427,500€
Property Purchase Expenses
Property price
475,000€
Transfer tax 8%
38,000€
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.