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Property marketed by Inmo Investments
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This 82 m² top-floor bungalow in Orihuela Costa offers two bedrooms (one with a private balcony), a bathroom, an open-plan kitchen, a living-dining area, an 8 m² terrace with sea views, a private solarium with a barbecue, a fireplace, air conditioning, and access to a community pool. Its southeast orientation provides good natural light throughout the day. Located 10-15 minutes from Playa Flamenca, the property is close to supermarkets, restaurants, shops, Villamartín Golf Course, and 45 minutes from Alicante Airport. The area offers nearby parks, beaches, and easy access to Torrevieja. The property is move-in ready.
Property Features
- 2 bedrooms
- 1 bathroom
- 82m² Build size
- Swimming Pool
- Golf
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,999€
Final Payment of 90% on completion
152,991€
Property Purchase Expenses
Property price
169,990€
Transfer tax 8%
13,599€
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.