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Ref: W-02RIS5
Property marketed by Engel & Voelkers Torrevieja - Orihuela
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New project of 24 luxury apartments, located in Lomas de Cabo Roig. Each apartment has underground parking and storage room. 2- or 3-bedroom apartments with 2 bathrooms, build with high quality construction materials and architectural solutions, distributed on 4 floors, including penthouses with panoramic sea views. The building has green area around, outdoor swimming pool (including kid´s area and jacuzzi), relax area with bbq zone, fitness and coworking space. Special attention has been paid to light inside the apartment, giving to all living spaces plenty of natural light. The apartments have high-quality porcelain, built-in kitchen with whitegoods, wardrobes, underfloor heating in bathrooms, air conditioning, domestic hot water production with aerothermal system and solar panels with a tank for a hot water production, video intercom. Located in a nice calm area, with all infrastructure which you need – is the great option to enjoy your life in Spain in luxury apartment close to the one of the best beaches in Orihuela Costa.
Property Features
- 2 bedrooms
- 2 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
43,000€
Final Payment of 90% on completion
414,000€
Property Purchase Expenses
Property price
460,000€
Transfer tax 8%
36,800€
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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