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Property marketed by The Property Group
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This spacious penthouse apartment is located within the sought after gated community of Jumilla III in Playa Flamenca, Orihuela Costa, Alicante The apartment will be sold fully furnished and consists of a spacious living/dining room, a fully equipped kitchen, two double bedrooms with fitted wardrobes, two bathrooms (one is en-suite), air conditioning (hot/cold), and a generous balconyThere is also a parking space in the underground garage included in the price!Ideally positioned close to the popular La Florida area and nestled between Punta Prima and La Zenia, the property benefits from excellent access to beaches, shops, and everyday amenitiesJumilla III is a well kept development, featuring a large communal garden with swimming pool The beaches of Playa Flamenca and Punta Prima are just five minutes away by car, La Zenia Boulevard is also a short drive away and offers free parkingOrihuela Costa enjoys year-round popularity thanks to its vibrant atmosphere, wide range of leisure facilities, and proximity to renowned golf courses including Campoamor, Las Ramblas, and Villamartín
Property Features
- 2 bedrooms
- 2 bathrooms
- 75m² Build size
- 85m² Plot size
- Double Bedrooms: 2
- Lift
- Near schools
- Off road parking
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
15,200€
Final Payment of 90% on completion
163,800€
Property Purchase Expenses
Property price
182,000€
Transfer tax 8%
14,560€
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.