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Ref: AG19MLSC6992321
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This apartment is part of Villamartín Gardens in the residential area of El Barranco, Villamartín (province of Alicante), Costa Blanca South.It is a very quiet location and yet close to all amenities, the Zenia Boulevard shopping centre, the beaches of Orihuela Costa and the golf courses of Villamartín, Las Ramblas, Campoamor and Las Colinas.Less than 50% of the 2.5 hectares of the urbanisation has been developed. The rest has been filled with beautiful gardens, three swimming pools (one of which is covered and heated), a playground and bio-health fitness equipment.By making optimal use of the space between the buildings and focusing on the south-facing orientation of the spacious terraces of the apartments, all homes benefit from plenty of natural light.This apartment has been let on a long-term basis until the end of 2027, making it an ideal investment property. After the contract with the current tenants expires, the owner can use it himself.
Property Features
- 2 bedrooms
- 2 bathrooms
- 84m² Build size
- Swimming Pool
- Garden
- Near bus route
- Heating, Central
- Pool, Communal
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
22,900€
Final Payment of 90% on completion
233,100€
Property Purchase Expenses
Property price
259,000€
Transfer tax 8%
20,720€
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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