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Ref: M268624
Property marketed by Best Real Estate Costa Blanca SL ( MOVE2SPAIN )
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Have a look at this contemporary ground floor apartment in Los Altos, Orihuela Costa only 100 meters from the supermarket Aldi!Entering the property we have an open terrace with garden furniture. Perfect to enjoy the outside life of Spain. Walking further we have a spacious glazed porch to enjoy beautiful evenings and to use it as a living space both in summer and winter, making the cozy living room a very quiet area. In the back side is another extra patio with a big storage room.This great opportunity is sold fully furnished and everything stays as it is. This means you can immediately start renting out after the signing of the deeds because this property has a touristic license!The modern kitchen is connected to the living room and comes with all the white goods and has a breakfast barThe property consists of 2 large bedrooms and 2 bathrooms, one with a shower and the other one with a bath tub.A few meters from the frontgate of the property you will find the communal pool, surrounded by greenery and accessible all year round for its owners and tenants.This apartment is a great investment since it's location, cheap price and the touristic license!
Property Features
- 2 bedrooms
- 2 bathrooms
- 68m² Build size
- 115m² Plot size
- Storage Room
- Alarm system
- Communal Pool
- White Goods
- Terrace
- Electricity
- Intercom
- Indoor lighting
- Outdoor lighting
- Built-in/lined wardrobes
- Showerscreen in bathroom
- TV and telephone connections
- Rental license
- X
- Fully Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,000€
Final Payment of 90% on completion
126,000€
Property Purchase Expenses
Property price
140,000€
Transfer tax 8%
11,200€
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.