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Ref: CSPV-76294
Property marketed by Complete Spanish Property
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A well presented semi detached property close to amenities. It comprises of a sunny south east facing patio garden with a terrace. This leads into the lounge diner with W.C. The open plan kitchen is adjacent. Patio doors from the dining area access a rear patio with a gate leading up to the communal pool. On the first floor is a family bathroom and two double bedrooms, the master having doors onto a balcony overlooking the patio garden. The property also benefits from air conditioning and is to be sold furnished. The blue flag beaches on the Orihuela Costa are less than 10 minutes drive away.
Property Features
- 2 bedrooms
- 1 bathroom
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
10,000€
Final Payment of 90% on completion
116,999€
Property Purchase Expenses
Property price
129,999€
Transfer tax 8%
10,400€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.