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Ref: W-02S4M2
Property marketed by Engel & Voelkers Torrevieja - Orihuela
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It is a customizable modern housing project, 158m2 built on a 347m2 plot, with the possibility of a private pool. The house is made up of two floors, it is distributed on the ground floor where there is a double bedroom with built-in wardrobes and an en-suite bathroom, a living-dining room with a furnished kitchenette, a guest toilet, and a laundry room. From this floor, and through a staircase, you access the first floor where there are two other double bedrooms with fitted wardrobes and a shared bathroom. Both bedrooms enjoy access to a shared open terrace. The house is finished with a flat roof. Outside, the house enjoys a covered terrace, and has the option of a private pool, garden, outdoor terraces and there is a parking area on the surface. The property is delivered with pre-installation for ducted air conditioning, central heating, finished built-in wardrobes, bathrooms with furniture and shower screens included, and a fitted kitchen with electrical appliances.
Property Features
- 3 bedrooms
- 3 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
35,000€
Final Payment of 90% on completion
342,000€
Property Purchase Expenses
Property price
380,000€
Transfer tax 8%
30,400€
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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