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Ref: 710961
Property marketed by Lavanda Real Estate SL
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Magnificent apartment in Punta Prima, Orihuela Costa. Located on the coastline within a residential complex boasting an exceptional swimming pool and private parking facilities. This fully renovated apartment is situated on the southern side of the complex, ensuring ample natural light and warmth. The spacious living area seamlessly transitions to a glazed terrace, serving as an ideal space for relaxation and entertaining guests. The meticulously designed concept incorporates the use of advanced building materials, rendering the apartment modern and cozy. The apartment comprises two cozy bedrooms, a spacious bathroom, a bright living room, and a luxurious modern kitchen. Additionally, there is a storage room providing ample space for storage. An ideal choice for those who appreciate style, comfort, and practicality. Its proximity to the coastline, just 1.5km away on foot or 5min driving, further enhances its appeal, offering residents easy access to the beach and a tranquil lifestyle. All necessary amenities such as supermarkets, restaurants, and other shops are within walking distance, providing convenience for everyday living.
Property Features
- 2 bedrooms
- 1 bathroom
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,850€
Final Payment of 90% on completion
133,650€
Property Purchase Expenses
Property price
148,500€
Transfer tax 8%
11,880€
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.