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Ref: M268784
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Offers for sale apartments in the gated urbanization of Parque Recoleta in Punta Prime. Cozy, spacious apartment have 2 bedrooms and 2 bathrooms, a lounge-dining room with access to a terrace with sea views and a kitchen. The terrace overlooks the park and the sea. The apartment have central air conditioning for cold and heat, heated floors in the bathrooms, many fitting wardrobes. Apartment is sold with space in the underground garage. Closed area with pool and 24 hour security. The urbanization Parque Recoleta is located in the south of Costa Blanca just a few steps from the sea and surrounded by infrastructure.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(Spain). 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. Orihuela Costa has a Mediterranean climate with 320 days of sunshine a year.ID1701
Property Features
- 2 bedrooms
- 2 bathrooms
- 82m² Build size
- Air Conditioning
- 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%
21,000€
Final Payment of 90% on completion
216,000€
Property Purchase Expenses
Property price
240,000€
Transfer tax 8%
19,200€
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.