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Property marketed by Engel & Voelkers Torrevieja - Orihuela
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Great promotion of 8 homes of 229 m2 on 400m2 plots. Available on the ground and first floor, or ground floor and semi-basement. The homes consist of 3 bedrooms and 4 bathrooms, living room, designer kitchen complete with top brand appliances. Air conditioning and heating through underfloor heating and aerothermal hot water. Private pool of 3x7 meters. Machine room and independent exterior bathroom. The floors are top quality ceramics. Tiled kitchen and bathrooms. The exterior carpentry is made of PVC, following current regulations for both thermal and acoustic insulation, with climalit type double glass and automatic blinds with aluminum slats. The exterior enclosures are made of honeycomb ceramic brick, plastered with cement, and a 4 cm thermal and acoustic insulation panel. Double wall enclosure made of 12 cm ceramic brick, with intermediate air chamber. Smooth plastic paint and three-coat lacquered solid oak wood carpentry. Security doors. The toilets are made of vitrified porcelain, with furniture in them, sinks, and top-quality single-control faucets. The terrace floor is made of non-slip materials and has a water evacuation system. Plastered facade finish with plaster and a second one with a color of your choice or projected china. The structure is made of reinforced concrete and unidirectional slabs, according to current standards and the EHE. The roof is sloping with a brick partition leveled with bardo and cement plaster with a chamber and finished with mixed ceramic tiles. Aerothermal installation for air conditioning and domestic hot water. Car parking on plot and garage. Cellar and storage room in the basement.
Property Features
- 4 bedrooms
- 4 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
72,000€
Final Payment of 90% on completion
675,000€
Property Purchase Expenses
Property price
750,000€
Transfer tax 8%
60,000€
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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