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Ref: AG19MLSC4440062
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This charming FIRST FLOOR 1-bedroom apartment, located in the gated Residencial Regia Roig II complex, the heart of Orihuela Costa, is perfect for those looking for comfort and proximity to all services. It has 1 full bathroom equipped with a bath and a functional open-plan kitchen that blends perfectly with the living-dining room, creating a warm and welcoming atmosphere. The apartment includes a practical balcony with open views, ideal for enjoying the space at any time of the year. The building has a communal garden area where you can relax in the sun with a large communal pool to enjoy outdoors. An excellent opportunity to live or invest in one of the most central areas of Orihuela Costa.
Property Features
- 1 bedroom
- 1 bathroom
- 34m² Build size
- Swimming Pool
- Balcony
- Kitchen appliances
- Pool, Communal
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
4,000€
Final Payment of 90% on completion
63,000€
Property Purchase Expenses
Property price
70,000€
Transfer tax 8%
5,600€
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.
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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.