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Ref: MLSC6980086
Property marketed by The Property Group
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This charming and modernised one bedroom flat is located in the gated complex Residencial Regia Roig II in the heart of Orihuela Costa Its proximity to all services makes it a perfect choice for those who value comfort The property has a complete bathroom equipped with a bathtub, among other amenities The kitchen is also functional and blends seamlessly into the living-dining room It contributes to a warm and inviting atmosphere The apartment has a practical balcony with open views view, making it possible to enjoy the space at any time of year The Residential complex has a communal garden area where you can relax in the sun and enjoy a large outdoor communal pool We would like to point out that this is an excellent opportunity, both to live and to invest in one of the most central areas of Orihuela Costa
Property Features
- 1 bedroom
- 1 bathroom
- 41m² Build size
- Air conditioning
- Balcony
- Water Deposit
- Furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,495€
Final Payment of 90% on completion
103,455€
Property Purchase Expenses
Property price
114,950€
Transfer tax 8%
9,196€
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.