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Ref: 99627
Property marketed by Inmo Investments

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This 89 m² duplex is located in a quiet residential area of Villamartín, ideal as both a permanent residence and a holiday home. The property features 3 bedrooms – one of which is on the ground floor – 2 full bathrooms, a guest toilet, and a spacious private solarium.. . The master bedroom, situated on the upper floor, includes an en-suite bathroom and a private walk-in closet. On the ground floor, you'll find a tiled front garden of approximately 20 m² with a parking space, a front terrace, a bright living-dining area, an independent kitchen, a guest toilet, and one bedroom. The rear patio provides direct access to the communal swimming pool – a significant added value.. . The upper floor hosts the other two bedrooms and two bathrooms, and on the top floor, there’s a large private solarium, perfect for enjoying the sun all year round.. . Conveniently located close to all amenities, including supermarkets, restaurants, golf courses, and just a few minutes’ drive from the beaches of Orihuela Costa.. .
Property Features
- 3 bedrooms
- 2 bathrooms
- 89m² Build size
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
16,800€
Final Payment of 90% on completion
178,200€
Property Purchase Expenses
Property price
198,000€
Transfer tax 8%
15,840€
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.