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Ref: CSPV-50209
Property marketed by Complete Spanish Property

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Situated in a small residential community, and accessed by a path, we offer this very well presented corner bungalow. The property has been a much loved home and is the first time on the market since new. It comprises of a spacious lounge diner with an open plan kitchen with a utility/ store room adjacent. Just off the lounge is a good size bathroom and two double bedrooms with fitted wardrobes. The property benefits from air conditioning, fly screens, storage shed and a large sun awning. It is very tastefully furnished and is included in the sale. Outside, and there is a pretty, easy to maintain patio garden. The west facing terrace is perfect for relaxing in the afternoon sunshine. Steps lead up to a fabulous 51m2 roof solarium ideal for relaxing and also entertaining. The property is walking distance to amenities and only a 10 minute drive to the beaches on the Orihuela Costa.
Property Features
- 2 bedrooms
- 1 bathroom
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
13,490€
Final Payment of 90% on completion
148,410€
Property Purchase Expenses
Property price
164,900€
Transfer tax 8%
13,192€
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.