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Ref: W-02X00M
Property marketed by Engel & Voelkers Torrevieja - Orihuela
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It is a single-family home of 335 m2 built, built in 2017, on a 510 m2 plot. The house has a basement for a garage for two/three vehicles and a bathroom, a street level accessed by a staircase, which lands on a terrace that surrounds the house. On this floor there is a living room, separate kitchen, a double bedroom with a built-in wardrobe and a full bathroom with independent access to the outside area. From the kitchen you have access through an internal staircase to the basement where the 200 m2 basement/garage is located. On the upper floor, which is accessed by an internal staircase, there are two other double bedrooms with built-in wardrobes and en-suite bathrooms, as well as two terraces that are accessed through the corridor and bedrooms and enjoy sea views. And to Torrevieja. The house is very well located, close to schools and institutes and a stone's throw from the main access roads to the Murcia/Alicante highway, Torrevieja and the main commercial areas. The plot is delivered finished as it appears in the photographs, and due to its dimensions it gives the option of building a swimming pool, although the house belongs to an urbanization in which there is a swimming pool for community use.
Property Features
- 3 bedrooms
- 4 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
47,000€
Final Payment of 90% on completion
450,000€
Property Purchase Expenses
Property price
500,000€
Transfer tax 8%
40,000€
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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