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Ref: CSPN-68114
Property marketed by Complete Spanish Property
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NEW BUILD RESIDENTIAL COMPLEX IN PUNTA PRIMA New Build residential complex of 220 apartments in Punta Prima, Torrevieja. Apartments with 2 and 3 bedrooms and 2 bathrooms, open plan kitchen with living room, fitted wardrobes, all of them with large terraces. Ground floor apartments with garden and penthouses with solarium. All homes are delivered with an underground parking space. The residential has garden areas with swimming pools and paddle tennis court. Children can enjoy their own children's pool, as well as a children's play area. Punta Prima, located just 5 km from Torrevieja, is characterized by good communication and health infrastructures, the proximity to Alicante airport, and the number of services open throughout the year. Just 10 km away we can find the golf courses of Villamartín, Campoamor, Las Ramblas, Las Colinas and Lo Romero, as well as the commercial centres of La Zenia and Habaneras.
Property Features
- 2 bedrooms
- 2 bathrooms
- 71m² Build size
- Swimming Pool
EPC Rating
Energy Rating Scale |
---|
A |
B |
C |
D |
E |
F |
G |
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
29,400€
Final Payment of 90% on completion
291,600€
Property Purchase Expenses
Property price
324,000€
Transfer tax 8%
25,920€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.