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Property marketed by España Dream Properties

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Discover your new home in Mil Palmeras, Orihuela Costa! This charming townhouse offers everything you need to enjoy the Mediterranean lifestyle. Distributed over three levels, the ground floor has a modern open plan kitchen, a practical laundry room and a storage room that you can convert into a toilet. The cosy living-dining room, with fireplace, opens onto a terrace perfect for outdoor barbecues, with direct access to the communal pool and garden areas.On the first floor, you will find a complete bathroom and two spacious bedrooms with built-in wardrobes. One of them will surprise you with its 15 m² balcony, from where you can enjoy the beautiful sea views. The first floor houses another complete bathroom and an additional bedroom, also with a balcony and sea views, ideal for welcoming your guests in comfort.With 136 m² built, this second-hand house in good condition is perfect for those looking for a cosy and well distributed home. The east-west orientation guarantees natural light all day long. Don't miss the opportunity to live in this coastal paradise, contact us for more information and come and visit it!
Property Features
- 3 bedrooms
- 2 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
29,000€
Final Payment of 90% on completion
288,000€
Property Purchase Expenses
Property price
320,000€
Transfer tax 8%
25,600€
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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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.