2 bedroom Apartment for sale in Orihuela Costa, Alicante, Spain

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Ref: 702813

Property marketed by Girasol Assen B54983077

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Fantastic Penthouse Apartment withnbsp;SEAnbsp;VIEWSnbsp;in Cabo Roig, two bedrooms, one bathroom, southeast facing, good for living and an excellent investment opportunity. Located in the Aguamarina area of Cabo Roig, with high rental demand. Fully furnished and in excellent condition, the penthouse consists of a living/dining room with air conditioning and access to a sunny terrace, an equipped kitchen and 2 bedrooms with fitted wardrobes. One of the bedrooms has direct access to its own terrace. The apartment is being sold fully furnished. Also provided is a spacious private solarium with access via a staircase off the balconynbsp;providing views ofnbsp;the sea.nbsp; The total area of the apartment is 110m2.

There is an underground parking and an elevator. The property is located in a gated complex with a magnificent garden and a communal swimming pool. Close to the bars, shops, restaurants and all the amenitiesnbsp;of Cabo Roig and just a few minutes walk from the beach.

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Property Features

2 bedrooms
1 bathroom
110m² Build size
Swimming Pool

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

19,000€

Final Payment of 90% on completion

198,000€

Property Purchase Expenses

Property price

220,000€

Transfer tax 8%

17,600€

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.

Mortgage Calculator

Mortgage Amount:

220,000€

Deposit:

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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

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%.