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Villa to renovate in Playa Flamenca, Orihuela Costa.
Unique opportunity to renovate a Mediterranean-style villa with sea views. Located just 100 m from the beach, this single-storey property offers 4 bedrooms, 2 bathrooms, a living room with fireplace, 2 kitchens, a porch, and a large 1,800 m² plot – ideal for adding a private pool and creating a dream home by the sea.
Key features:
4 bedrooms and 2 bathrooms
120 m² built on one level
1,800 m² plot
Built in 1974
Mediterranean style
South-facing
Sea views
Living-dining room with fireplace
Semi-independent kitchen + additional kitchen
Barbecue area
Covered porch
100 metres from the beach
Excellent investment opportunity in a high-demand area with limited offer.
Unique opportunity to renovate a Mediterranean-style villa with sea views. Located just 100 m from the beach, this single-storey property offers 4 bedrooms, 2 bathrooms, a living room with fireplace, 2 kitchens, a porch, and a large 1,800 m² plot – ideal for adding a private pool and creating a dream home by the sea.
Key features:
4 bedrooms and 2 bathrooms
120 m² built on one level
1,800 m² plot
Built in 1974
Mediterranean style
South-facing
Sea views
Living-dining room with fireplace
Semi-independent kitchen + additional kitchen
Barbecue area
Covered porch
100 metres from the beach
Excellent investment opportunity in a high-demand area with limited offer.
Property Features
- 4 bedrooms
- 2 bathrooms
- 120m² Build size
- 1,800m² Plot size
- Parking
- Chimenea
- Views: Sea
- Key Ready
- Parking type: Parking
- Jardín privado
- Beach distance: 100
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
96,500€
Final Payment of 90% on completion
895,500€
Property Purchase Expenses
Property price
995,000€
Transfer tax 8%
79,600€
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.