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Ref: JVR2253C
Property marketed by Just Murcia Property
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This East Facing, Corner, Ground Floor, Two Bedroom Apartment in Playa Flamenca is located in the vibrant area of Orihuela Costa. Featuring 2 bedrooms and 2 bathrooms, this well-appointed home is just a 10-minute walk from local amenities and facilities, with the beach reachable in a 10-minute drive. The property offers an open-plan kitchen with an adjoining utility room, and a cozy lounge/dining area with an open fireplace and air conditioning, extending to one of the bedrooms. Both bedrooms come with fitted wardrobes, and the master includes an en suite bathroom. Additional highlights include window grills, a covered terrace, a private garden, and access to a communal pool. Situated within a secure gated community, the apartment also benefits from gated parking, providing added peace of mind.
Property Features
- 2 bedrooms
- 2 bathrooms
- Swimming Pool
- Utility Room
- Fireplace
- Gated community
- Terrace
- Off Road Parking
- garden
- Air conditioning
- En-suite bathroom
- Communal Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,000€
Final Payment of 90% on completion
143,999€
Property Purchase Expenses
Property price
159,999€
Transfer tax 8%
12,800€
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.