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Ref: M268785
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Superb apartment for sale in gated urbanization Panorama Park with the sea views.Property offers: 2 bedrooms, 2 bathrooms, huge living room, equipped kitchen, large terrace with that open to the beautiful views of the area and the sea.The property is located in the luxury area of Punta Prima. Gated community Panorama Park with beautiful communal pool and green areas, also only 300m away from the beach.Punta Prima is a typical Spanish seaside tourist resort, located on the southern Costa Blanca and less than 30 minutes from two international airports, Murcia and Alicante.The beaches, which are some of the cleanest around and have been awarded Blue Flag status, are complemented by a wonderful promenade with shops, boutiques, bars and restaurants. Punta Prima has a Mediterranean climate with 320 days of sunshine a year.
Property Features
- 2 bedrooms
- 2 bathrooms
- 119m² Build size
- Air Conditioning
- fireplace
- sea views
- Garden
- South Facing
- Close to Amenities
- Underground parking
- Walking distance to the beach
- Communal Swimming Pool
- Terrace/balcony
- X
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
32,000€
Final Payment of 90% on completion
315,000€
Property Purchase Expenses
Property price
350,000€
Transfer tax 8%
28,000€
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.