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Ref: AG19151059
Property marketed by Spain Property Shop S.L
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We present at the Costa Blanca Alicante an apartment in Orihuela Costa Villa Martin close to the golf on the second floor with 2 bedrooms and a bathroom further a roofsolarium with storageroom and a panoramic view!
Property Features
- 2 bedrooms
- 1 bathroom
- 78m² Build size
- Swimming Pool
- Balcony
- Washer
- Pool, Communal
- Gated complex
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,590€
Final Payment of 90% on completion
104,310€
Property Purchase Expenses
Property price
115,900€
Transfer tax 8%
9,272€
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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Spanish Property News & Updates by Spain Property Portal.com
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.