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Ref: CSPV-33363
Property marketed by Complete Spanish Property
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Situated in the popular urbanisation of St James Hill, close to La Fuente Commercial centre, we offer this south facing mid terrace house. It has off road parking if needed, and a sunny terrace. There is a lounge/diner with under stair storage, through to a W.C and the separate kitchen is to the rear. A door accesses a small rear terrace. On the first floor is the family shower room and two double bedrooms. Further stairs access two terraces, one to the rear and a larger south facing terrace to the front. The property also benefits from a community pool and is walking distance to all amenities, including supermarkets, pharmacy, and bars and restaurants. It is only 10 minutes drive to the nearest beaches on the Orihuela Costa and also the largest shopping centre in the Alicante Province, Zenia Boulevard. The property is in need of renovation and is reflected in the price.
Property Features
- 2 bedrooms
- 1 bathroom
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
9,000€
Final Payment of 90% on completion
108,000€
Property Purchase Expenses
Property price
120,000€
Transfer tax 8%
9,600€
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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