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Ref: AG820-3272
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Located in one of the most peaceful and established areas of La Regia, Orihuela Costa, this charming ground floor bungalow is a fantastic opportunity, whether you're looking for a permanent residence, holiday home, or a high-yield rental investment.The property features 2 bright bedrooms, 1 full bathroom, and is in excellent condition. The interior is cozy and functional, with a practical layout and a warm atmosphere. It is sold fully furnished, ready to move in, and includes air conditioning for year-round comfort.One of the key highlights of this property is its spacious 39 m² private terrace, perfect for outdoor relaxing, sunbathing, hosting barbecues, or enjoying meals with friends and family. This outdoor space adds significant value, offering a true Mediterranean lifestyle.Located just minutes from the beautiful beaches of Campoamor, Cabo Roig, and La Zenia, with all amenities nearby: supermarkets, public transport, restaurants, medical centers, and the Zenia Boulevard shopping center. It’s also close to several renowned golf courses such as Villamartin and Las Ramblas.Don’t miss the chance to own a property with great potential in one of the most in-demand areas of South Costa Blanca.
Property Features
- 2 bedrooms
- 1 bathroom
- 64m² Build size
- Veranda
- Storage
- Fully furnished
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
12,800€
Final Payment of 90% on completion
142,200€
Property Purchase Expenses
Property price
158,000€
Transfer tax 8%
12,640€
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.