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Property marketed by Engel & Voelkers Torrevieja - Orihuela
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New development of 48 homes offering three distinct designs, combining Mediterranean warmth, modern style, and charm. Features an Energy Efficiency Certificate, class A. Located in Vistabella Golf's residential area, it includes single-story, semi-detached bungalows with two bedrooms, two bathrooms, a solarium, on-site parking, and a private pool; XXL villas featuring four bedrooms, three bathrooms (two en suite), a guest bathroom, spacious interiors, terraces, a private plot, parking, and a private pool; and duplex apartments with three bedrooms, three bathrooms (two en suite), terraces, a solarium, parking, and access to a central communal area with a pool, gardens, a playground, and a plaza with a pergola and fountain.
Property Features
- 2 bedrooms
- 2 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
31,500€
Final Payment of 90% on completion
310,500€
Property Purchase Expenses
Property price
345,000€
Transfer tax 8%
27,600€
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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