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Ref: W-02Z8AN
Property marketed by Engel & Voelkers Torrevieja - Orihuela
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Welcome to an impressive house in Orihuela Costa, a gem with a total area of 322 square meters, designed to offer maximum luxury and comfort. Built in 2019, this four-bedroom, four-bathroom residence redefines exclusive living with its oceanfront location and impeccable condition. Upon entering, one discovers a home that radiates elegance and sophistication. The dwelling, with its 197 square meters, offers a spacious and bright environment, perfect for entertaining or relaxing. The tile finishes and the kitchen equipped with high-end appliances and built-in cabinets ensure that every detail has been carefully considered to satisfy the most demanding tastes. Among the special features of this property is a magnificent 50 square meter terrace offering ocean views, ideal for enjoying unforgettable sunsets. The private garden and patio provide exceptional outdoor spaces, while the pool invites you to relax and enjoy the Mediterranean climate. The electric heating with a heat pump ensures comfort throughout the year. This house is the epitome of coastal luxury, combining modern elegance with a stunning natural setting. Do not miss the opportunity to experience the dream life that this unique property offers.
Property Features
- 4 bedrooms
- 4 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
147,000€
Final Payment of 90% on completion
1,350,000€
Property Purchase Expenses
Property price
1,500,000€
Transfer tax 8%
120,000€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.