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Property marketed by Engel & Voelkers Torrevieja - Orihuela
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New residential complex in the privileged area of the Mil Palmeras beach, in Torre de la Horadada, just 50 meters from one of the best beaches in the Mediterranean. It consists of several blocks, in this case they are bungalows on the ground floor with a garden and private parking. Block III consists of apartments with 2 or 3 bedrooms, two bathrooms, one of them en suite, with a communal pool and large garden areas. Homes designed with exquisite taste, taking care of the interior layout, always seeking the greatest comfort for the client. All homes have large terraces and/or solarium. Residential located in a privileged environment with first qualities, which have extensive garden areas, playground, landscaped community pool for adults and children. The houses include PVC exterior carpentry with double Climalit-type air chambers, armored entrance door to the house, porcelain or similar interior flooring, vertical walls of bathrooms and toilets in porcelain or similar. Wall finishes in smooth plastic paint, kitchen with wall and base units, Silestone or similar countertop equipped with extractor hood, induction hob and electric oven. Vitrified porcelain sanitary ware, flat resin shower trays, shower screens in the toilet and bathroom, washbasin with cabinet and mirror in all bathrooms and toilets, lined built-in wardrobes, production of domestic hot water by Aerothermal energy, pre-installation of air conditioning and Duct heating in the living room and bedrooms, exterior wall lights and electrical outlet and TV on the terraces of the houses, all within a fully fenced urbanization with large communal gardens, two swimming pools, one for children's use. And pre-installation for recharging vehicles in the car park according to regulations
Property Features
- 2 bedrooms
- 2 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
27,500€
Final Payment of 90% on completion
274,500€
Property Purchase Expenses
Property price
305,000€
Transfer tax 8%
24,400€
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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