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Ref: W-0477KA
Property marketed by Engel & Voelkers Torrevieja - Orihuela
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We present a magnificent promotion of homes with high energy efficiency in the coveted area of Los Balcones. This property combines design, spaciousness, and the best qualities to ensure unparalleled comfort. Exceptional Spaces and Distribution. The property is a semi-detached duplex with a total built area of 225 m² on a plot of 206 m², including two bedrooms, three bathrooms, and a living area of 101 m², as well as an extensive semi-basement of 124 m². Among the facilities and additional details are a garage with car parking, a wine cellar and storage room in the semi-basement, terrace, solarium, community pool, pre-installation of Air Conditioning, and pre-installation TVTF. Regarding the qualities, the structure is made of reinforced concrete with a mixed ceramic tile sloped roof, the facade has a plaster finish with rendering and projected china, and the exterior closures have a double ceramic brick wall with 4 cm tongue-and-groove insulation and thermal bridge break to ensure thermal and acoustic insulation. The interiors are coated with projected plaster and smooth plastic paint, including first-quality ceramic floors, exterior PVC carpentry in color with climalit double glazing, interior carpentry of solid lacquered oak wood with security doors, kitchen with lacquered wooden furniture and granite or "silestone" countertop, and bathrooms with vitrified porcelain sanitary ware, furniture in the sinks, and single-lever faucets.
Property Features
- 2 bedrooms
- 3 bathrooms
- Swimming Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
30,000€
Final Payment of 90% on completion
297,000€
Property Purchase Expenses
Property price
330,000€
Transfer tax 8%
26,400€
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.



