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Ref: D-000MV2
Property marketed by Engel & Voelkers Torrevieja - Orihuela
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New complex with 48 homes: 42 with 3 bedrooms and 2 bathrooms, and 6 with 2 bedrooms and 2 bathrooms. Ground floors with large private gardens, first floors with spacious terraces, and fabulous penthouses with terraces, solariums, and sea views. The first phase will be delivered in the summer of 2026 and will include blocks 1 and 2, all common areas, and underground parking with storage. All homes will be fully equipped and ready to move into, with Mediterranean designer furniture and decor, appliances, a separate laundry room, air conditioning, underfloor heating throughout, ducted air conditioning (hot/cold), bed linen, and kitchenware. As is our custom, it comes with a large parking space and a private storage room in the basement. In particular, every thought has been given to ensure all owners can enjoy and relax without having to leave the complex, at any time of the year. Therefore, the complex will feature a large outdoor pool (adults/children), a playground, and green areas. In the basement, there will be a spa with a heated pool, therapeutic massage jets, a sauna, and a gym.
Property Features
- 3 bedrooms
- 2 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
36,890€
Final Payment of 90% on completion
359,010€
Property Purchase Expenses
Property price
398,900€
Transfer tax 8%
31,912€
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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