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Ref: 10605
Property marketed by Inmo Investments
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A very well presented ground floor bungalow style apartment in a central location. The property for sale in Los Balcones offers a spacious double bedroom with fitted wardrobes, shower room, a renovated fully equipped independent kitchen, and an ample living room with glazed terrace for relaxing and dining space, leading on to a West facing terrace, perfect for the afternoon and evening sun. The home is offered fully furnished and totally key ready as seen and has been recently renovated with new kitchen, doors and flooring throughout. The property is situated within the established residential community of Lago Jardin boasting, and the property is just across from the Lago Jardin pool bar with extensive gardens and feature swimming pool.. Easy walking distance to local shops, a Mercadona supermarket, the prestigious Hotel Doña Monse Spa, cafes, bars, and fine dining restaurants; with four championship golf courses and the white sands of the Orihuela Costa beaches reached within just a few minutes by car. The perfect holiday home or rental investment. Contact Inmo Investments to arrange your viewing today.
Property Features
- 1 bedroom
- 1 bathroom
- 42m² Build size
- 57m² Plot size
- Garden
- Storage room
- Terrace
- Air conditioning
- White Goods
- One level
- Walking Distance to Amenities
- Built-in Wardrobes
- Furnished
- Sunblinds/Awnings
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
5,900€
Final Payment of 90% on completion
80,100€
Property Purchase Expenses
Property price
89,000€
Transfer tax 8%
7,120€
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.