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Ref: M268994
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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This is a well located Ground Floor Apartment 300 metres to the sea in the Region of Punta Prima on the Orihuela Costa. Less than an hour from Alicante Airport and with over 6 golf courses closeby. With the added bonus of a tourist licence this Apartment could be an investment fulfilling extra revenue. The property has nice views of open parkland and sea views from a good sized terrace and comes with the comfort of airconditioning. The complex boasts a beautiful swimming pool and is in easy walking distance to an array of shops and Restaurants.
Property Features
- 2 bedrooms
- 1 bathroom
- walking distance to beach
- Close to sports facilities
- Communal Pool
- Close to medical centre
- Gated Community
- Good access
- Walking distance to shops, restaurants, ...
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,900€
Final Payment of 90% on completion
116,100€
Property Purchase Expenses
Property price
129,000€
Transfer tax 8%
10,320€
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.