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Property marketed by Inmo Investments

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Bright and charming South facing apartment for sale in Punta Prima, just a short walk from the beach and all essential amenities. This well-maintained property offers 64 m² of living space and features 1 spacious bedroom, 1 bathroom, and a comfortable living area. Located on the first floor, the apartment boasts a generous 9 m² south-facing terrace, perfect for enjoying the Mediterranean climate. The independent kitchen provides ample storage and functionality, making it ideal for both holiday stays and year-round living. Built in 1978 and in good condition, this home benefits from its prime location within a well-kept residential complex that offers a communal swimming pool and views over the urbanization. With its excellent positioning close to shops, restaurants, and public transport, this apartment presents a fantastic opportunity for investment, holiday use, or permanent residence in one of the most sought-after areas of Orihuela Costa.
Property Features
- 1 bedroom
- 1 bathroom
- 64m² Build size
- Swimming Pool
- Unfurnished
- Terrace
- White Goods
- Walking Distance to Amenities
- Built-in Wardrobes
- Walking Distance to Bus Route
- Walking Distance to Beach
- Close to the beach
- Investment
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,300€
Final Payment of 90% on completion
101,700€
Property Purchase Expenses
Property price
113,000€
Transfer tax 8%
9,040€
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.