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Ref: AG19MLSC879502
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Stunning renovated south facing ground floor bungalow for sale in one of the most sought-after areas of Orihuela Costa: La Regia. Boasting a 135 m² south-facing private garden, it's the perfect spot to enjoy the Mediterranean lifestyle all year round.The property features 3 bedrooms with built-in wardrobes, a fully equipped bathroom with shower, an independent kitchen, and a spacious living-dining area with a fireplace, creating a warm and welcoming atmosphere.Recent improvements include new interior carpentry and aluminum double-glazed windows, offering better thermal and acoustic insulation.It is sold furnished, ready to move into.Additional features include a storage room in the garden, off road parking and a generous outdoor space perfect for dining, relaxing, or even installing a pool.Located in a quiet residential area yet close to all amenities, beaches, shopping centers, and golf courses, this is an excellent opportunity for a permanent residence, holiday home, or investment.Do not miss the chance to buy this amazing 3 bedroom south facing ground floor bungalow in La Regia - Orihuela Costa.
Property Features
- 3 bedrooms
- 1 bathroom
- 80m² Build size
- Garden
- Veranda
- Near bus route
- Indoor fireplace
- Kitchen appliances
- Storage
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,900€
Final Payment of 90% on completion
152,100€
Property Purchase Expenses
Property price
169,000€
Transfer tax 8%
13,520€
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.