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Ref: W-02ZVY7
Property marketed by Engel & Voelkers Torrevieja - Orihuela
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New development of 12 two and three-bedroom homes in Pilar de la Horadada, near the beaches and the town's sports area. The semi-detached houses have two facades allowing for quality natural light and cross ventilation. You will enjoy spacious areas with privacy and tranquility. The homes include highly efficient construction solutions to promote environmental protection. They consist of two or three bedrooms, two bathrooms, a guest toilet, private garden, solarium, private parking area within the plot, heated communal pool, etc. Construction is scheduled to begin for the first phase in the summer of 2025, with deliveries starting from the summer of 2026.
Property Features
- 2 bedrooms
- 2 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
26,890€
Final Payment of 90% on completion
269,010€
Property Purchase Expenses
Property price
298,900€
Transfer tax 8%
23,912€
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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