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Property marketed by The Property Group
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Charming ground-floor bungalow located opposite a green area in one of the most highly valued residential areas in the area The 75 m² home features 2 bedrooms with built-in wardrobes, 2 full bathrooms (one en suite), a bright living-dining room, an open-plan kitchen with a covered gallery, and a cozy glass-enclosed terrace perfect for year-round enjoyment The private garden of approximately 46 m² offers the ideal space for relaxing or enjoying al fresco dining The property is sold fully furnished, equipped with air conditioning, and also includes an underground garage The residential complex has a beautiful communal pool surrounded by well-kept gardens, creating a peaceful and pleasant environment Located close to all amenities, supermarkets, restaurants, and just minutes from the beaches of Orihuela Costa, it is ideal as a permanent residence or for vacations
Property Features
- 2 bedrooms
- 2 bathrooms
- 80m² Build size
- 46m² Plot size
- A/C
- Workshop
- Garage
- Garden
- Parking
- Terrace
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
18,900€
Final Payment of 90% on completion
197,100€
Property Purchase Expenses
Property price
219,000€
Transfer tax 8%
17,520€
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.