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Ref: d-000h34
Property marketed by Engel & Voelkers Torrevieja - Orihuela
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New development of luxury homes facing the sea in Playa Flamenca. The residential consists of 144 luxury apartments with large terraces. The total housing is divided into 10 blocks with ground floor, first floor, second floor and penthouses with terrace and private solarium. Each one with its individual elevator. The residential will consist of a community pool, playground, with large garden areas, community areas surrounded by natural grass, palm trees, fountains and walks that will make you enjoy its privileged natural environment. For those who want to enjoy their time with family or friends, there will be a common BBQ area. The houses are delivered fully furnished, with decoration and kitchenware, smart TV, electrical appliances, hot and cold AC machine, etc. The price also includes an underground garage space and private closed storage room. All materials used are top quality. PVC windows with double glazing, electric shutters and remote control. Bathrooms with electric underfloor heating.This new residence with sea views is located in the privileged area of Orihuela Costa, a few meters from the Mediterranean Sea in an area with all your needs on foot, such as restaurants, shops, etc. Less than 10 minutes walk away is the first beach in the area and it is 5 minutes by car from the famous Zenia Boulevard shopping center, casino, leisure and recreation areas.Availability upon agreement. Engel Volkers does not accept responsibility as the information provided in this brochure is for information only and it is subject to errors, omissions, change of price or withdrawal without notice. Taxes, notary and registry fees must be paid by purchaser, the commission by the seller as stipulated by Spanish regulations.
Property Features
- 2 bedrooms
- 2 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
26,500€
Final Payment of 90% on completion
265,500€
Property Purchase Expenses
Property price
295,000€
Transfer tax 8%
23,600€
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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