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Ref: W-02VC4K
Property marketed by Engel & Voelkers Torrevieja - Orihuela
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New residential bungalow-type apartments in San Pedro del Pinatar. This new construction residential complex is made up of a total of 12 apartments distributed over 6 ground floors with a terrace and 6 upper floors with a solarium. The apartments, measuring approximately 63 m2, consist of a living-dining room, an open-plan kitchen, two bedrooms with built-in wardrobes and two complete bathrooms, one of them en suite. In addition, the ground floors have terraces of approx. 11 m2 and the upper floors with terraces of approx. 8 m2 and a 68m2 solarium and include a pergola with a summer kitchen. The homes are delivered finished with bathroom furniture and a fully equipped kitchen and belong to a private residential complex with a communal pool and surface parking spaces assigned to each property.
Property Features
- 2 bedrooms
- 2 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
18,995€
Final Payment of 90% on completion
197,955€
Property Purchase Expenses
Property price
219,950€
Transfer tax 8%
17,596€
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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