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Ref: AG19149410
Property marketed by Spain Property Shop S.L
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Punta Prima is ideal location both for all year long stay and vacacional rental, it's close to all services and shopping centres such as La Zenia Boulevard, Habaneras and sports centres in Orihuela Costa and Torrevieja. It is an urbanized area with good communication with the motorway AP -7 -332 and N. A 10 min drive from the golf courses, Las Ramblas, Las Colinas, Villamartin and Campoamor.The property is located in a closed residential complex with 2 communal swimming pools and impresive garden area, offers outside parking spaces within gated area. It is only 5 minutes away from the beach Cala Piteras. Very close to all services such as restaurants, supermarkets, shops and bars. The property has a living-dining room, kitchen, bedroom and bathroom. It is south facing and is furnished with all the necessary appliances. The tarrace offers sea views.IBI 104,002Comunidad 538,00The apartment has a tourist rental license, active rental on Booking.com with reviews 8.8 Fantastic.
Property Features
- 1 bedroom
- 1 bathroom
- 61m² Build size
- Balcony
- Sea view
- Elevator
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,900€
Final Payment of 90% on completion
116,100€
Property Purchase Expenses
Property price
129,000€
Transfer tax 8%
10,320€
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.