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Ref: kf103186279313549232
Property marketed by Spanish Best Homes 2010, s.l.
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Price Reduction WAS é129,999 NOW é124,995. This well maintained 2 Bedrooms, 1 Bathroom 1st Floor Apartment is located between Torrevieja and Punta Prima on the the Orihuela Costa. Only 200m from the sea the property offers spacious living area included lounge and dining area, separate kitchen, 2 evenly distributed bedrooms and a bathroom. A front terrace leads off the lounge and is the perfect size to dine or relax on. The property has low communal fees due to not having its own pool but is located very close to an open air pool and bar area which welcomes everyone in the local area. For more information or to arrange a viewing Contact us today!
Property Features
- 2 bedrooms
- 1 bathroom
- 60m² Build size
- 65m² Plot size
- Swimming Pool
- Garage
- Garden
- 0 Pool
- Terrace
- Basement
- Air Conditioner
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,500€
Final Payment of 90% on completion
112,499€
Property Purchase Expenses
Property price
124,999€
Transfer tax 8%
10,000€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.