2 bedroom Villa for sale

2 bedroom Villa for sale

Torremendo, Alicante
86,995
 
  • 2 bedroom Villa for sale
  • 2 bedroom Villa for sale
  • 2 bedroom Villa for sale
  • 2 bedroom Villa for sale
  • 2 bedroom Villa for sale
  • 2 bedroom Villa for sale
  • 2 bedroom Villa for sale
  • 2 bedroom Villa for sale
  • 2 bedroom Villa for sale
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Ref: TPS0009
Property marketed by Spanish Dream Property Spanish Dream Property
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2 Bed Detached Villa to Reform with 550m2 Plot in Torremendo. Looking for a project in Spain? Here we have a fabulous detached bungalow located in the heart of Torremendo. Consisting of 2 bedrooms. Facing south west being built 1942. Located on a private road with 550m2 plot. This villa comes with land surrounding the whole property. A sectioned off area at the front which has a small wall built around it. A long area on the side of the property with off road parking on the front. The rear garden which is completely enclosed. A brief description of the property: you enter in to the foyer which leads to the main large living – dining area. Here would be a good area to install an open or American style kitchen. The fire place has been removed but the chimney is still in place. From the foyer are the 2 double sized bedrooms. The rear garden is access from the living room. Needs a total reform. The walls/plaster and some of the roof has been removed ready for insulation. A metal support beam has been installed to strengthen the roof. Comes with mains water, electric and sewage. Has no bathroom inside of the property. Torremendo is a small quiet authentic village with 580 inhabitants. It is surrounded by a typical rugged and varied landscape. The road from Torremendo to Orihuela is one of the most scenic you will find and the area proves to be a unique spot for nature lovers, cyclists and equestrian sport lovers. The well-known reservoir Embalse de la Pedrera is a mile away from the village in the direction of Orihuela. It is surrounded by a beautiful nature reserve with many different species of birds and where you can observe a spectacular sunset. The village comprises a health centre, pharmacy, garage, petrol station, some small stores and several bars and restaurants. Once a week there is a small market. There is also a public pool that is open in the summer months. In the nearby larger village of San Miquel de Salinas only a 10 minute drive away, there is a large supermarket and a big open market once a week. There are several beaches at a distance of around 18 km and in the vicinity of the village you will find several ‘Old Spanish Fincas’ with orchards of almond-, citrus- and olive trees. If you are looking for a Golf Course, there are several only a very short distance away. Easy access to the major motorways lead you to towns and cities like Orihuela, Bigastro, Alicante, Murcia and Torrevieja. The quality of the roads in the area is good. The airports of Alicante or Murcia are within easy reach.

Property Features

  • 2 bedrooms
  • 0 bathrooms
  • 65m² Build size
  • 550m² Plot size
  • Swimming Pool
  • Fireplace
  • Not furnished
  • Off road parking
  • Optional pool

Costing Breakdown

Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,700€
Final Payment of 90% on completion
78,296€
 
Property Purchase Expenses
Property price
86,995€
Transfer tax 8%
6,960€
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.

Mortgage Calculator

Mortgage Amount:
86,995€
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Interest Rate:
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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

Spanish Property News & Updates by Spain Property Portal.com

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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Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.

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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.

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