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Property marketed by Inmo Investments
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This beachfront villa in Playa Flamenca, Orihuela Costa, offers a prime location just a minute's walk from the beach. The property is also conveniently close to shops, bars, and restaurants, and golf enthusiasts will find several courses within a 20-minute drive.
The villa sits on a spacious plot featuring a large front terrace with sea views and a private pool at the rear. Inside, the villa includes three bedrooms, two bathrooms, and a fully fitted kitchen. It also boasts two lounge areas, multiple terraces, and a barbecue area, making it ideal for entertaining. The bathrooms have been recently renovated with a modern Mediterranean style, and a new pool has been installed.
Residents can also enjoy a communal pool, with shared maintenance costs agreed upon with the owner. This property presents a great investment opportunity, especially since the neighboring villa is also for sale by the same owner and has a strong rental history.
Property Features
- 3 bedrooms
- 2 bathrooms
- 123m² Build size
- 645m² Plot size
- Swimming Pool
- Garden
- Terrace
- Balcony
- Walking Distance to Amenities
- Walking Distance to Beach
- Sea Views
- Prestigious Area
- Under 1km to beaches
- Close to the beach
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
97,000€
Final Payment of 90% on completion
900,000€
Property Purchase Expenses
Property price
1,000,000€
Transfer tax 8%
80,000€
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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