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Property marketed by In Sun Properties Spain S.L

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This south-facing apartment is in need “RENOVATION” It has fantastic potential for a home, rental investment OR commercial premises due to its highly desirable location in the Villamartin Plaza! 2 bedrooms, 2 bathrooms, terraces, garden and communal pool.
The apartment is built over two floors, has a lovely little garden area with a palm tree and a closed sunny terrace. On entering, the ground floor consists of an open plan lounge / dining area with serving hatch to the closed kitchen and a bathroom with shower. Upstairs you have a second bathroom with a bath tub, two double-sized bedrooms with built-in wardrobes and one bedroom has patio doors leading out to a lovely sunny covered terrace which looks out over the green area to the Villamartin Club House!
The property further benefits from a communal pool, storage room and air-conditioning.in the lounge area.
The Villamartin Plaza has a wonderful selection of bars and restaurants along with hairdressers, dentist and post shop, amongst many others and is only 2 minutes’ walk to Campo de Golf Villamartin. Just a 10-minute drive takes you to the fine sandy beaches of the Orihuela Costa and only 5 minutes to Zenia Boulevard, the largest shopping centre in the region of Alicante where you have access to 150 shops, bars and restaurants. Villamartin is a very popular location, home to a mix of nationalities and attracts many visitors all year round. For golf enthusiasts there is a further three wonderful courses within a 5-minute drive; Las Ramblas, Campoamor and Las Colinas. This great location is easily accessed via the AP7 or N332 and is only 50 minutes from Alicante Airport.
This is a wonderful renovation project with endless opportunities given its prime location, views of the green area and proximity to all local amenities! It will make a lovely residential home, perfect holiday retreat, great rental investment or a thriving business!
Property Features
- 2 bedrooms
- 2 bathrooms
- 108m² Build size
- Panoramic views
- Terrace
- Communal pool
- Stone walls
- Near beach
- Close to airport
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
8,990€
Final Payment of 90% on completion
107,910€
Property Purchase Expenses
Property price
119,900€
Transfer tax 8%
9,592€
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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