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Ref: M271729
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Nice detached house in a quiet area in Las Mimosas, Orihuela Costa. The house has a spacious front yard with space for parking a car, a dining set, summer kitchen and barbecue. The house has a glazed front porch, from which you enter the living room, which has been amplified by removing the second bedroom. The living room has a fireplace and open kitchen. The bedroom has built-in wardrobes and the bathroom has a shower cabinet. From the kitchen you can enter the back terrace which has stairs to the solarium. The communal pool area is just in front of the house.
IBI approx 125€/year
IBI approx 125€/year
Property Features
- 1 bedroom
- 1 bathroom
- 51m² Build size
- fireplace
- air conditioning
- private garden
- Barbecue
- Terrace
- Communal Swimming Pool
- Home appliances
- Yard
- X
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,500€
Final Payment of 90% on completion
139,500€
Property Purchase Expenses
Property price
155,000€
Transfer tax 8%
12,400€
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.