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Ref: AG19147815
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Nice flat with 2 bedrooms and 2 bathrooms (one of them en-suite). The flat has a living-dining room, open plan kitchen. It has a west facing terrace with views to the communal areas. It also has a parking space and storage room. Flat located in a residential complex with 3 communal swimming pools and garden areas.Punta Prima is an urbanization by the sea, where you can enjoy water sports, leisure and beaches. It is close to all amenities such as the Zenia Boulevard shopping centre and sports centres. Walking distance to Cala Piteras, Playa de Punta Prima and Playa Flamenca as well as the rest of the blue flag beaches of Orihuela Costa and Torrevieja. Adjacent to the urbanization of Rocio del Mar. A few minutes from the golf courses Las Colinas, Campoamor, Las Ramblas and Villamartin. Good communication with the Mediterranean motorway AP-7 and N-332.
Property Features
- 2 bedrooms
- 2 bathrooms
- 87m² Build size
- Parking, Underground
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
24,500€
Final Payment of 90% on completion
247,500€
Property Purchase Expenses
Property price
275,000€
Transfer tax 8%
22,000€
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.