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Ref: 204-3398
Property marketed by M.R.Servicios Inmobiliarios
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Opportunity in Orihuela Costa! 68 m² semi-detached bungalow in the Chismosas complex, with great potential for renovation. Offers are welcome given its current condition. The home features 2 bedrooms, a bathroom, a living room with a covered porch, a kitchen, and a sun terrace perfect for enjoying the sun and the views. It also has a large private garden, ideal for relaxing, creating a space for pets, or setting up an outdoor entertainment area. It also has a storage room for added convenience. Located close to all amenities, restaurants, and supermarkets, and just minutes from Punta Prima beach. Ideal for those looking to renovate and personalize their home in a privileged setting!
Property Features
- 2 bedrooms
- 1 bathroom
- 68m² Build size
- Para reformar
- No
- views: Urbanización
EPC Rating
Energy Rating Scale |
---|
A |
B |
C |
D |
E |
F |
G |
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,500€
Final Payment of 90% on completion
130,500€
Property Purchase Expenses
Property price
145,000€
Transfer tax 8%
11,600€
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.